Business, 18.03.2021 01:20 carma43

The following information applies to the questions displayed below.] McAllister, Inc. employs a normal costing system. The following information pertains to the year just ended. Total manufacturing costs were $1,310,000.
Cost of goods manufactured was $1,275,500.
Applied manufacturing overhead was 30% of total manufacturing costs.
Manufacturing overhead was applied to production at a rate of 80 percent of direct-labor cost
Work-in-process inventory on January 1 was 75% of work-in-process inventory on December 31.
Requlred:
1. Compute the total direct-labor cost for the year.
2. Calculate the total cost of direct material used during the year
3. Compute the value of the company's work-in-process inventory on December 31.

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The following information applies to the questions displayed below.] McAllister, Inc. employs a norm...

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