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Save & Exit Submit Tyler Corporation reports the following results for its first month of operations ended December 3 1 . Overhead is applied using

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Tyler Corporation reports the following results for its first month of operations ended December 31. Overhead is applied using a predetermined overhead rate of 80% of direct materials cost.
\table[[Raw materials purchased,$18,400 Sales,],[Direct materials used,12,000 Cost of goods sold,$36,000
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