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Randall Company manufactures products to customer specifications. A job costing system is used to accumulate production costs. Factory overhead cost was applied at 116% of
| Randall Company manufactures products to customer specifications. A job costing system is used to accumulate production costs. Factory overhead cost was applied at 116% of direct labor cost. Selected data concerning the past year's operation of the company are presented below. | ||||||||||
| January 1 | December 31 | |||||||||
| Direct materials | $70,500 | $37,200 | ||||||||
| Work in process | $61,100 | $38,800 | ||||||||
| Finished goods | $107,000 | $93,700 | ||||||||
| Other information | ||||||||||
| Direct materials purchases | $301,400 | |||||||||
| Cost of goods available for sale | $897,900 | |||||||||
| Actual factory overhead | $240,200 | |||||||||
| The total manufacturing costs for the year are: | ||||||||||
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