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please use M through z allocTion base This & That, Inc. reported the following for the month just ended: Raw Materials Inventory beginning balance $33,000
please use "M through z" allocTion base
This & That, Inc. reported the following for the month just ended: Raw Materials Inventory beginning balance $33,000 Work in Process Inventory, beginning balance 48,000 Finished Goods Inventory, beginning balance 27.000 Raw Materials Purchases 54,000 Factory electricity 10,000 Total labor used in production 56,000 Indirect labor used in production 24,000 Depreciation on factory equipment 35,000 Insurance on factory building 8,000 Raw Materials used in production 65.000 Raw Materials directly traceable to products 58,000 Raw Materials indirectly linked to products 7,000 Cost of Goods Manufactured 200,000 Cost of Goods Sold 210,000 If tho 1 letter of your last name begins with A thru L M thru Z Then your allocation base is: Machine Hours Direct Labor hours Estimated 500.000 750,000 Actual 480,000 730,000 Management estimates that manufacturing overhead cost will be $450,000 Questions: 1. What is the company's predetermined overhead rate? 2. How much is applied manufacturing overhead? 3. What is the total manufacturing cost? 4. Assuming 500,000 units are produced, what is the unit product cou? 5. List at least two different ways to segment Amazon 6. What's the purpose of segmented income statements Step by Step Solution
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