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Please help!!! Quiz i Saved Help Save & Exit Stangl Inc. has provided the following data for the month of September. There were no beginning
Please help!!!
Quiz i Saved Help Save & Exit Stangl Inc. has provided the following data for the month of September. There were no beginning inventories, consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Direct materials Direct labor Manufacturing overhead applied Total Work In Process Finished Goods $ 1,660 $ 7,590 5,460 17,850 4,230 9.780 5 11,358 $ 35,220 Cost of Goods Sold $ 14,610 34,590 18,582 $ 67,782 Total $ 23,860 57,900 32,600 $ 114,360 Manufacturing overhead for the month was underapplied by $1,800. The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts Required: Determine the cost of work in process, finished goods, and cost of goods sold AFTER allocation of the underapplied or overapplied overhead for the period Allocation of Underapplied/Overapplied Overhead Work in process Finished goods Cost of goods sold
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