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Please if you could help me with this asap I would really appreciate it! I put the solutions from 1 to 7 in case you

Please if you could help me with this asap I would really appreciate it!
I put the solutions from 1 to 7 in case you need them
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Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials $40,000 Work in process $18,000 Finished goods $35,000 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a cost formula that estimated $650,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: a. Raw materials were purchased on account, $510,000 b. Raw materials used in production, $480,000. All of of the raw materials were used as direct materials. c. The following costs were accrued for employce services: direct labor, 5600,000; indirect labor, $150,000; selling and administrative salaries, $240,000. d. Incurred various selling and administrative expenses (c.8., advertising, sales travel costs, and finished goods warehousing), $367.000 c. Incurred various manufacturing overhead costs (c.g., depreciation, insurance, and utilities), $500,000 1. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the vear. D. Jobs costing 31,080.000 to manufacture according to their job cost sheets were completed during the year h. Jobs were sold on account to customers during the year for a total of $2,800,000. The jobs cost $1,690,000 to manufacture according to their job cost sheets. BAR AN THI - ATI - HAA INNI CHILE - I w AS PARRAS WE - 65 JX B C D E K G H 8. What is the total amount of actual manufacturing overhead cost incurred during the year? 1 2 3 4 Indirect labor Depreciation, insurance, utilities, etc. Total actual manufacturing overhead cost 5 6 7 8 9 M F G H D A B 9. Is manufacturing overhead underapplied or overapplied for the year? By how much? Actual manuacturing overhead cost (a) Manufacturing overhead applied (b) Overapplied overhead (a) - (b) B t 10. What is the cost of goods available for sale during the year? Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale 11. What is the journal entry to record the cost of goods sold referred to in item h above? Cost of Goods Sold Finished Goods B D 12. What is the ending balance in Finished Goods? Finished Goods Beg. Bal (6) (h) End. Bal. 3 1 2 M 1 N o G H D A . E K 13. Assuming that the company closes its underapplied or overapplied overhead to Cost of Goods Sold, what is the adjusted cost of goods sold for the year? Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Unadjusted cost of goods sold Less: Overapplied overhead Adjusted cost of goods sold B D E F G H 1 14. What is the gross margin for the year? 2 15. What is the net operating income for the year? 3 4 5 6 7 7 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income 8 9 10 11 12

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