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this is all part one question. i definitely upvote for correct answers thank you! 1. Taylor Foods Company reported the following information on December 31,
this is all part one question. i definitely upvote for correct answers thank you!
1. Taylor Foods Company reported the following information on December 31, 2021. (All numbers Requirements: (1) What is the cost of goods manufactured? (1 pt.) (2) What is the cost of goods sold? (1 pt.) (3) What is the cost of direct materials used? (1 pt.) (4) What is the cost of indirect labor cost used? (1 pt.) (5) What is the allocated manufacturing overhead costs? ( 1pt.) (5) What is the allocated manufacturing overhead costs? (1 pt.) (6) What is the actual manufacturing overhead costs? (1 pt.) Page 1 of 3 (7) Is manufacturing overhead under or over-allocated? By how much? (1 pt.) (8) Prepare journal entry to close manufacturing overhead account. (1 pt.) (9) Post the closing journal entry to the T-accounts. ( 1 pts.) Step by Step Solution
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