Work in Process					Wages					Manufacturing					Finished Goods					Raw Materials
Inventory					Payable					Overhead					Inventory					Inventory
28,500			124,500		73,000			73,000		4,500			43,000		124,500			113,500		57,000			33,000
65,000										8,000
43,000					Balance 0					40,500

Unique produces screens for use in various smartphones. The company reports the following information at December 31.

Unique began operations on January 31 earlier that same year.

1.

What is the cost of direct materials used?

2.

What is the cost of indirect materials used?

3.

What is the cost of direct labor?

4.

What is the cost of indirect labor?

5.

What is the cost of goods manufactured?

6.

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

7.

What is the actual manufacturing overhead?

8.

How much manufacturing overhead was allocated to jobs?

9.

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

10.

Is manufacturing overhead underallocated or overallocated? By how much?