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The Row - On-Water Company (ROW) produces a line of non-motorized boats, ROW normal conting system and locaties manufacturing overhead using direct manufacturing labor cont.

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The Row - On-Water Company (ROW) produces a line of non-motorized boats, ROW normal conting system and locaties manufacturing overhead using direct manufacturing labor cont. The following data are for 2017: TT (Click the icon to view the data) Inventory balances on December 31, 2017 were as follows: (Click the loon to view the count balonom.) Read the requirements Requirement 3. Calculate the ending balances in work in proces, finished goods and cost of goods sold i under or overallocated manufacturing overhead is as follows: (a) written off to cost of goods sold, (b) prorated based on ending balances before proration) in each of the tree accounts, (c) prorated based on the overhead allocated in 2017 in the ending balance before proration) in each of the three accounts (a) Calculate the ending balances in work in process, finished goods and cont of goods sold under or overallocated manufacturing overhead is written off to cost of goods sold Account Ending Balance Work in process Finished goods Cost of goods sold (6.) Begin by identifying the formula and calculating the adjustment to each account assuming under er overalocated manufacturing overhead is prorated based on ending balances (before proration) in each of the three accounts. (Use a minus signor parents to show overallocated amounts and adjustments to be subtracted) Adjustment X WIP FO X COS - Now calculate the ending balance in work in proces, finished goods and cost of goods sold under or overallocated manufacturing overhead is prouted based on ending balance before promotion) in each of the three accounts (Use a minus signor parentheses to show adjustments to be subtracted) Endina Balance ladiusted Choose from any or enter any number in the input fields and then continue to the next question The Row - On-Water Company (ROW) produs in of non-motorized bootsROW Inventory balance on December 31, 2017 were as follows: normal-costing system and local manufacturing overhead using direct manufacturing labor cost. The (Click the icon to view the account balances) following data are for 2017: (Click the icon to view the dots) Read the moviments Now calculate the ending balance in work in proces, finished goods and cost of goods sold it under er overallocated manufacturing overhoed is promoted based on ending balance before proration) in each of the free counts (Use a sign or parents to show adjustment to be sub) 16.) Ending Balance (adjusted) WP FO COS (e) Bagin by identlying the formule and looting the adjustment to each account assuming under overlocated manufacturing overhead is prorted based on the overhead allocated in 2017 in the ending balance before prowion) in each of the tree counts. Use a minus signor parentheses to show overlosted amounts and adjustments to be traced) Adjustment WP FO COS (e) Enter the formula and calculate the ending balance in work in process, Erished goods and con goods sold under overalted manufacturing overhead is promoted based on the overhead allocated in 2017 in the ending balance before proration in each of the three courts (Use a mission verted amounts and to be subtracted) Ending wance sted W Choose from any or enter any number in the routes and then continue to the next to The Row - On-Water Company CROW) produces a line of non-motorted boats, ROW normal conting system and local manufacturing overhoed using direct manufacturing labor cost. The following data are for 2017: (Click the icon to view the data) Inventory balance on December 31, 2017 were as follows: Click the icon to view the account balance) Read the recomes (e) Begin by dertlying the formule and calculating the aduent to each account assuming under Created manufacturing overhoed is prosted based on the overhead allocated in 2017 in the ending balance before prontion in each of the three counts. (Use a minor parentheses to show overlooked amounts and adjustments to be subtracted) e) WIP FG COS (a) Enter the forma and calculate the ending here in work in process, finished goods and cost of goods sold it under or overlocated manufacturing overhead is prouted based on the overhead located in 2017 in the ending balance before prontion in each of the the counts (Use a minus signor parentheses to show overlocated amounts and diments to be subtracted) 10 Ending Bloco adjusted WIP F3 C:38 Requirement. Which method would you choose? Justly you are Thethod that makes the most seneste The amount of the over under location amounts Choose from any it or enter any number in the input folds and then continue to the newestion MacBook Pro n: 5 pts 1 of 1 This Quiz: 5 pts possi Data Table Inve Water Company (ROW) produces a line of non-motorized boats. ROW uses a system and allocates manufacturing overhead using direct manufacturing labor cost. The re for 2017: mon to view the data.) Red $ antifying the formula and calculating the adjustment to each account assuring under or overallo proration) in each of the three accounts. (Use a minus sign or parentheses to show overallocate Account Work in process Finished goods Cost of goods sold Ending Balance 42,750 $ 247,950 564,300 2017 direct manufacturing labor cost in ending balance 18,000 58,500 148,500 Adjustme X x Print Done X TU Data Table ds sold if under or overallocated manufacturing overhead is prorated based on the overhead allocated in ses to show overallocated amounts and adjustments to be subtracted) blance (adjusted) Budgeted manufacturing overhead cost Budgeted direct manufacturing labor cost Actual manufacturing overhead cost Actual direct manufacturing labor cont $ $ $ $ 110,000 220,000 114,500 225,000 The amount of the over underallocation amount is Print Done ist or enter any number in the input fields and then continue to the next

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