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Southwick Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for Southwick for 2017 are as follows: (Click the icon
Southwick Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for Southwick for 2017 are as follows: (Click the icon to view the T-accounts.) i (Click the icon to view the additional information.) Read the requirements. Requirement 1. What was the amount of direct materials issued to production during 2017? T-accounts Direct materials issued to production during 2017 was $ 233,000 Requirement 2. What was the amount of manufacturing overhead allocated to jobs during 2017? Direct Materials Control Work-in-Process Control Finished Goods Control First identify the formula to calculate the manufacturing overhead allocated. 1-1-2017 38,000 233,000 1-1-2017 43,000 1-1-2017 11,000 667,800 137,000 Dir. Manuf. 923,920 Direct manufacturing labor hours Manufacturing overhead rate = Manufacturing overhead allocated labor 354,000 Manufacturing overhead allocated to jobs during 2017 was $ ? Manufacturing Overhead Control Manufacturing Overhead Allocated Cost of Goods Sold 509,000 Print Done
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