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Required information The following information applies to the questions displayed below) Bunnell Corporation ls a manufacturer that uses job-order costing. On January 1, the company's

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Required information The following information applies to the questions displayed below) Bunnell Corporation ls a manufacturer that uses job-order costing. On January 1, the company's Inventory belances were as follows: Raw materials s40,000 Work in process 18,000 rinished gooda 35,000 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a cost formula that estimated $650,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year a. Raw materials were purchased on account, $510,000. b. Raw materials use in production, $480,000. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services; direct labor. $600,000: indlirect labor, S i50.000 selling and administrative salaries, $240,000. travel costs, and finished goods d. Incurred various selling and administrative expenses (e g, advertising, sales e. Incurred various manufacturing t. Manufacturing overhead cost was applied to production. The company actually worked 41000 direct labor-hours on al warehousing), $367,000. jobs during the year g. Jobs costing $1680,000 to manufacture according to their job cost sheets were completed during the yeax were sold on account to customers during the year for a total of $2,800,000. The jobs cost $1,690,000 to manufacture according to their job cost sheets 8. What is the total amount of actual manufacturing overhead cost incurred during the year? Prev12 13 1419 of 19 Next > MacBook Air 4 2

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