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How was the companys performance? Should the company continue to have in house press production? Did the company accurately budget for manufacturing overhead costs? Suport

How was the companys performance? Should the company continue to have in house press production? Did the company accurately budget for manufacturing overhead costs? Suport your answers with relevant data. Also explain how the firm can dispose of under- or overallocarwd overhead cost. image text in transcribed
image text in transcribed
Materials Control 710 100 800 90100 Work-in-Process Control 60 710 1,300 2,080 4,120 Finished Goods Control 500 4,120 600 Cost of Goods Sold 4,020 130 Manufacturing Overhead Control 100 900 1,950 400 550 Manufacturing Overhead Allocated 2,080 2,080 Material Control 800 accounts payable 800 Work in process control 710 Material Control 710 100 Manufactoring overhead control Material Control 100 work in process control 1,300 wages payable 1300 manufactoring overhead control wages payable 900 900 manufacoring overhead control 400 accumulated depreciation 400 550 manufactoring overhead control accounts payable 550 work in process control anufactoring overhead allocated 2,080 finished goods control 4,120 work in process control 4,120 accounts receivable revenue cost of goods sold 4, 29 finished goods control Manufactoring Overhead Allocate 288 Manufactoring Overhead Control 1950 cost of goods sold 130

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