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Kayla Incorporated uses a job order cost system. Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to
Kayla Incorporated uses a job order cost system. Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to be $330,880 for the year; direct labor was estimated to total $376,000. Additional information for the year is as follows: Required: a. Calculate the predetermined overhead rate. b. Calculate cost of goods manufactured. c. Calculate the over- or underapplied overhead. d. Calculate adjusted cost of goods sold. Complete this question by entering your answers in the tabs below. Calculate the predetermined overhead rate. a. Calculate the predetermined overhead rate. b. Calculate cost of goods manufactured. c. Calculate the over- or underapplied overhead. d. Calculate adjusted cost of goods sold. Complete this question by entering your answers in the tabs below. Calculate cost of goods manufactured. a. Calculate the predetermined overhead rate. b. Calculate cost of goods manufactured. c. Calculate the over- or underapplied overhead. d. Calculate adjusted cost of goods sold. Complete this question by entering your answers in the tabs below. Calculate the over- or underapplied overhead. Note: Input the amount as positive value. a. Calculate the predetermined overhead rate. b. Calculate cost of goods manufactured. c. Calculate the over- or underapplied overhead. d. Calculate adjusted cost of goods sold. Complete this question by entering your answers in the tabs below. Calculate adjusted cost of goods sold
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