Pittman Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for Pittman for 2017 are as follows: (Click the icon to view the T-accounts.) i (Click the icon to view the additional information.) Read the requirements. Requirement 1. What was the amount of direct materials issued to production during 2017? Direct materials issued to production during 2017 was $ Requirements 1. What was the amount of direct materials issued to production during 2017? 2. What was the amount of manufacturing overhead allocated to jobs during 2017? 3. What was the total cost of jobs completed during 2017? 4. What was the balance of work-in-process inventory on December 31, 2017? 5. What was the cost of goods sold before proration of under- or overallocated overhead? 6. What was the under- or overallocated manufacturing overhead in 2017? 7. Dispose of the under- or overallocated manufacturing overhead using the following: a. Write-off to Cost of Goods Sold b. Proration based on ending balances (before proration) in Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold 8. Using each of the approaches in requirement 7, calculate Pittman's operating income for 2017. 9. Which approach in requirement 7 do you recommend Pittman use? Explain your answer briefly. I More info a. Direct manufacturing labor wage rate was $15 per hour. b. Manufacturing overhead was allocated at $19 per direct manufacturing C. labor-hour. During the year, sales revenues were $1,050,000, and marketing and distribution costs were $129,000. T-accounts Direct Materials Control 1-1-2017 38,000 134,000 Work-in-Process Control Finished Goods Control 1-1-2017 14,000 884,960 237,000 1-1-2017 46,000 Dir. Manuf. 926,270 labor 357,000 Manufacturing Overhead Allocated Cost of Goods Sold Manufacturing Overhead Control 517,000