Required: Enter a valid formula to compute the amount for each of the following.
a. Direct materials used
b. Indirect materials used
c. Direct labor used
d. Indirect labor used
e. Cost of goods manufactured
f. Cost of goods sold (before closing over- or underapplied overhead)
g. Actual overhead incurred
h. Overhead applied
i. The amount of over- or underapplied overhead
j. Use dropdown button to indicate whether overhead is over- or underapplied.
k. Cost of goods sold (after closing over- or underapplied overhead)
3 2
0 6 8
5
Ready 2 3 3 2 2 2 6 G27 K. D P Clipboard Clear 51F Overhead applied Indirect labor used Direct labor used Indirect materials used Direct materials used 201,000 49,750 132,750 88,500 29,500 8,700 50,000 B Instructions Actual overhead incurred Cost of goods manufactured 40,000 Finished Goods Inventory Work in Process Inventory Raw Materials Inventory VXV The amount of over- or underapplied overhead 161,000 201,000 11,800 29,500 C Font Cost of goods sold (after closing over- or underapplied overhead) Cost of goods sold (before closing over- or underapplied overhead) Manufacturing Cost Flows Required: Enter a valid formula to compute the amount for each of the following E + 3,000 74,950 49,000 11,800 137,500 Factory Overhead Factory Wages Payable Alignment QSearch 132,750 49,000 88,500
