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[ The following information applies to the questions displayed below. ] Bunnell Corporation is a manufacturer that uses job - order costing. On January 1
The following information applies to the questions displayed below.
Bunnell Corporation is a manufacturer that uses joborder costing. On January the company's inventory balances were as follows:
tableRaw materials,$
What is the total manufacturing overhead applied to the production for this year?
What is the total manufacturing cost added to the work in process for this year?
What is the total actual manufacturing overhead cost incurred for this year?
Is a manufacturing overhead under applied or over applied for this year by how much?
What is the cost of goods available for sale for this year?
Record the cost of good sold to the customer. General Journal
What is the ending balanced in finish goods?
Assuming the company closes it's under applied or over applied overhead to cost of good sold. What is the adjusted cost of good sold for this year?
What is the gross margin for this year? What is the net operating income for this year?
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