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[The following information applies to the questions displayed below.] Crunchem Cereal Company incurred the following actual costs during 201. The firm's predetermined overhead rate is

image text in transcribedimage text in transcribed [The following information applies to the questions displayed below.] Crunchem Cereal Company incurred the following actual costs during 201. The firm's predetermined overhead rate is 210 percent of direct-labor cost. The January 1 inventory balances were a follows: Each of these inventory balances was 10 percent higher at the end of the year. EX 3-30 (Algo) Part 1 Prepare a schedule of cost of goods manufactured... Required: 1. Prepare a schedule of cost of goods manufactured for 201. 2. What was the cost of goods sold for the year? Answer is complete but not entirely correct

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