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Supreme Videos, Incorporated, produces short musical videos for sale to retail outlets. The company's balance sheet accounts as of January 1 are given below. Because

Supreme Videos, Incorporated, produces short musical videos for sale to retail outlets. The company's balance sheet accounts as of January 1 are given below.
Because the videos differ in length and complexity of production, the company uses a job-order costing system to determine the cost of each video produced. Studio (manufacturing) overhead is charged to videos based on camera-hours of activity. The company's predetermined overhead rate for the year is based on a cost formula that estimated $360,000 in manufacturing overhead for an estimated allocation base of 9,000 camera-hours. The following transactions occurred during the year:
a. Film, costumes, and similar raw materials purchased on account, $197,000.
b. Film, costumes, and other raw materials used in production, $212,000(85% of this material was direct to the videos in production, and the other 15% was indirect).
c. Utility costs incurred in the production studio, $84,000.
d. Depreciation on the studio, cameras, and other equipment, $96,000. Three-fourths of this depreciation related to production of the
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