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SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 1) Stangl Inc. has provided the following data for
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 1) Stangl Inc. has provided the following data for the month of September. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month Work In Finished Cost of Process 5410 4108 Goods Goods Sold Total Direct materials $1610 $ 7540 14,560 S 23,710 Direct labor Manufacturing overhead applied Total 57,750 31,600 $11.128-34.820-$67.112-$113.060 17,800 9480 34,540 18,012 Manufacturing overhead for the month was underapplied by $4300. The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts. Required: Determine the cost of work in process, finished goods, and cost of goods sold AFTER allocation of the underapplied or overapplied overhead for the period Allocation of Underapplied/Overapplied Overhead
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