Unique Industries produces LCD touch$-$screen products. The company reports the following information at December $31.$ Unique Industries began operations $11$ months before, on January $31.$

$\backslash$table$[[\backslash$table$[[$Work in Process$],[$Inventory$]],\backslash$table$[[$Wages$],[$Payable$]],\backslash$table$[[$Manufacturing$],[$Overhead$]],\backslash$table$[[$Finished Goods$],[$Inventory$]],\backslash$table$[[$Raw Materials$],[$Inventory$]]],[\backslash$table$[[30,000],[60,500]],123,500,70,000,70,000,\backslash$table$[[6,500],[9,500]],54,000,123,500,114,000,57,500,36,500],[\backslash$table$[[54,000],[$quiremen$]],,$Balance $0,,41,000,,,,,]]$

Requirement $1.$ What is the cost of direct materials used?

The cost of direct materials used is $$.$

Requirements

What is the cost of direct materials used?

What is the cost of indirect materials used?

What is the cost of direct labour?

What is the cost of indirect labour?

What is the cost of goods manufactured?

What is the cost of goods sold $($before adjusting for any under$-$ or overallocated manufacturing overhead$)?$

What is the actual manufacturing overhead?

How much manufacturing overhead was allocated to jobs?

What is the predetermined manufacturing overhead rate as a percentage of direct labour cost?

Is manufacturing overhead underallocated or overallocated? By how much?

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