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Question 13 4.7 pts The T-accounts below provide selected data about a company's financial results for the year, Work in Process Raw Material Inventory (DM&IM)

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Question 13 4.7 pts The T-accounts below provide selected data about a company's financial results for the year, Work in Process Raw Material Inventory (DM&IM) Hal. 1/1 $22,500? 75,000 5282,000 Bal 1/1 552,500 Direct mat. 72,000 Direct labor 90,000 Overhead 112.500 Bal 12/31 57 Bal. 12/31 $18,000 Finished Goods Bal 1/1 590.000 Manufacturing Wars Payable $100,500 S66,000 Bal. 1/1 99,000 2 2 B 12/31 $72,000 Cost of Goods Sold Manufacturing Overhead $111,000 The amount of over or under allocated overhead is: 51.500 over allocated 51.500 under allocated 510 500 under allocated $10.500 Bocated

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