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HW for M 9 / 1 6 : Ex 3 - 6 , Pr 3 - 1 4 Saved Help Save & Exit Submit Gitano

HW for M 9/16: Ex 3-6, Pr 3-14
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Gitano Products uses job-order costing and applies overhead cost to jobs based on direct materials used in production (not on the basis of raw materials purchased). Its predetermined overhead rate is based on a cost formula that estimated $118,300 of manufacturing overhead for an estimated allocation base of $91,000 direct material dollars to be used in production. The company provided the following data for the just completed year:
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\table[[Purchase of raw materials,,$ 134,000],[Direct labor cost,,$87,000
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