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Please see attached. I am ready to turn in my HW except I haven't been able to figure this last problem out. Hope you can
Please see attached. I am ready to turn in my HW except I haven't been able to figure this last problem out. Hope you can help. Thanks!!!!
PROBLEM 17-4A Analyzing manufacturing cost accounts Dupont Fishing Equipment Company manufactures fishing rods in a wide variety of lengths and weights. The following incomplete ledger accounts refer to transactions that are summarized for November: In addition, the following information is available: Materials and direct labor were applied to six jobs in November: 2. Factory overhead is applied to each job at a rate of 75% of direct labor cost. 3. The November 1 Work in Process balance consisted of two jobs, as follows: 4. Customer jobs completed and units sold in November were as follows:: 1. Determine the missing amounts associated with each letter. Round unit cost to nearest cent. Round Cost of Goods Sold to nearest dollar. Job No. Sold No. 111 No. 112 No. 113 No. 114 No. 115 No. 116 Total Quantity $ $ $ $ $ $ $ Total Cost Unit Cost Units Sold $ $ $ $ $ $ $ Cost of Goods $ $ 2. Determine the November 30 balances for each of the inventory accounts and factory overhead. Materials $ Work in Process Finished Goods Factory Overhead $ $ $Step by Step Solution
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