Please just #6-9 (7 and 8 have parts a and b)

4. What woUIO De Would it be reasonable for Adventure Designs o Change 4-42 General ledger relationships, under- and overallocation. (S. Sridhar, adapted) Keezel Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for Keezel for 2017 are as follows: Finished Goods Control Work-in-Process Control Direct Materials Control 1-1-2017 105,000 700,000 42,000 148,000 1-1-2017 135,000 82,000 1-1-2017 Dir.manuf. 705,000 labor 285,000 Manufacturing Overhead Control Manufacturing Overhead Allocated Cost of Goods Sold 425,000 Additional information follows: a. Direct manufacturing labor wage rate was $15 per hour. b. Manufacturing overhead was allocated at $20 per direct manufacturing labor-hour During the year, sales revenues were $1,550,000, and marketing and distribution costs were $810,000 C. 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 Keezel's operating income for 2017. 9. Which approach in requirement 7 do you recommend Keezel use? Explain your answer briefly. 1. The amount of direct materials issued to production during 2017 is $148,000, the credit side of the Direct Materials Control part of the problem. 2. $20 x ($285,000/$15) $20 x $19,000 $380,000 The amount of manufacturing overhead allocated to jobs during 2017 was $380,000 3. $285,000+ $148,000+$380,000 $813,000 The total cost of jobs completed during 2017 was $813,000. 4 ($82,000+ $813,000)-$705,000 $895,000-$705,000 $190,000 as given in The balance of work-in-process inventory on December 31, 2017 was $190,000. 5. The cost of goods sold before proration of under-or overallocated overhead was $700,000, as given in the credit side of Finished Goods Control part of the problem. 6. $425,000-$380,000 $45,000 The under-allocated manufacturing overhead in 2017 was $45,000. 7 A B. 8. A B. 9