Homework: 2-1 MyAccountingLab Homework: Chapter 4 Question 8, P4-45 (similar to) HW Score: 72.00% 32.44 of 45 points Part 1 of 6 Points: 0 of 5 Robert Werner joined Walker Enterprises as controller in October 2016. Click the icon for additional information about Walker Enterprises) Wemer is eager to impress his new employer, and he knows that in 2017, Walker's upper management is under pressure to show a proft in a challenging competitive environment because they are hoping to be acquired by a large private equity firm sometime in 2018 Save At the end of 2016, Wemer decides to adjust the manufacturing overhead rate to 170% of direct labor cost. He explains to the company president that, because overhead was underallocated in 2010, this aqustment is necessary Cost information for 2017 follows Click the icon to view the cost information for 2017) Walker's revenue for 2017 was $4.923.000, and the company's selling and administrative expenses were $2.006.000 Read the requirements Requirement 1. troart the given information in the T-accounts below. Calculate the following amounts to complete the T-accounts: (a) Drect materiais control, 12/31/2017, (b) Manufacturing overhead allocated, 2017, and (c) Cost of goods sold, 2017. (Abbreviations used COGM cost of goods manufactured, COGS cost of goods sold, Dir direct, De Matis direct materials, MOH manufacturing overhead, and CH enoad) Help me solve this Etext pages Get more help Clear all Check answer