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q4 Show Solutions please!!! * A company uses a job-onder conting system and applies manufacturing overhead (MOH) based on dire liber cost (DLC). At the
q4
* A company uses a job-onder conting system and applies manufacturing overhead (MOH) based on dire liber cost (DLC). At the beginning of the period, the company estimated the following: Estimated MOH S 743,750 Estimated DLC $425,000 Partial activity posted during the period is shown in the T-accounts below: Raw Materials (All Direct) Beginning balance 5 72,500 Beginning balance Purchases 142,000 COGM Ending balance s 69,450 Ending balance 5 75.000 ? DM Used Actual DLC MOH Work In Process 73.225 2 ? 418,000 2 Manufacturing Overhead Actual Incurred $ 316,250 ? Beginning balance s COGM Ending balance s Finished Goods 3,000 ? ? 4,500 Given this information, Cost of Goods Manufactured (COGM) for the period of was: A. B. C. D E S 877,525 S 800, 132 $ 1,294,550 $ 1,292,775 None of the above is correct Show Solutions please!!!
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