III Homework: 2-1 MyAccountingLab Homework: Chapter 4 Question 6, P4-42 (similar to) Part 4 of 14 Question list K Cole Company uses normal costing in its job-costing systems Partially completed T (Click the icon to view the T-accounts) (Click the icon to vie Read the requirements Question 1 Question 2 Question 3 Question 4 Question 5 Question 6 T-accounts Direct Materials Control 1-1-2017 39,000 134,000 More Info 234.000 Requirement 1. What was the amount of direct materials issued to production durin Direct materials issued to production during 2017 was 5 Requirement 2. What was the amount of manufacturing overhead allocated to jobs First identity the formula to calculate the manufacturing overhead allocated Direct manufacturing labor hours Manufacturing overhead rate Manufacturing overhead allocated to jobs during 2017 was 5 454,000 Requirement 3. What was the total cost of jobs completed during 2017? The total cost of jobs completed during 2017 was $ a. Direct manufacturing labor wage rate was $12 per hour b. Manufacturing overhead was allocated at $16 per direct manufacturing labor-hour c. During the year, sales revenues were $1,030,000, and marketing and distribution costs were $125,000 Print Done Manufacturing everhead allocated Work in Process Control Finished Goods Control 234,000 1-1-2017 44,000 1-1-2017 Di Manuf 10.000 925,000 600.000 labor 340,000 Manufacturing Overhead Allocated Cost of Goods Sold Manufacturing Overhead Control 514,000 Print Done Clear all Check answer