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please provide correct answer and math for the forst problem as well Beth Bledsoe joined Baker Brothers Inc., as controller in October 2019. (1) (Cick
please provide correct answer and math for the forst problem as well
Beth Bledsoe joined Baker Brothers Inc., as controller in October 2019. (1) (Cick the icon for additional information about Baker Brothers inc) Bledoos is eager to impress her new employer, and she knows that in 2020, Baker Brothers' upper management is under pressure to show a proft in a chalenging competitwe emvironment because they are hoping to be acquired by a large private equity firm sometime in 2021 . At the end of 2012. Bledice decides to adfust the manufacturing overtiess tise to 1 eos of direct labor cost She explains to the company president that, because ovechess was underalocated in 2019, this adjustment is necessary. Cost information for 2020lol low1. EII (Click the ican to view the cosi information for 2020.) Baker Brothers' revenue for 2020 was $5,$80.000, and the company'n seling and adminintrative expectes were $2,700,000. Read the cequiromeos. Requirement 1. Cakculate the amount of under- of overallocated manufacturing ovehead. Manutacturing overhead is by minus sign for a net operating loes.) If the under- or overalocaled manutacturing oveheod is writien ofll to cost of goods sold, Baker's net income (ioss) would be Data table More info Baker Brothers manufactures and installs custom kitchen countertops. The company uses a normal-costing system with two direct-cost pools, direct materials and direct manufacturing labor, and one indirect-cost pool, manufacturing overhead. In 2019, manufacturing overhead was allocated to jobs at 150% of direct manufacturing labor oost. At the ond of 2019, an immaterial amount of underallocated overhead was closed out to cost of goods sold, and the company showed a small loss Step by Step Solution
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