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Burkhammer Inc

question 41

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Burkhammer Inc. has provided the following data for the month of August. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Burkhammer Inc. has provided the following data for the month of August. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month.    Manufacturing overhead for the month was underapplied by $9,000. The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts. Required: Determine the cost of work in process, finished goods, and cost of goods sold AFTER allocation of the underapplied or overapplied overhead for the period.
Manufacturing overhead for the month was underapplied by $9,000.
The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.
Required:
Determine the cost of work in process, finished goods, and cost of goods sold AFTER allocation of the underapplied or overapplied overhead for the period.


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Happy

A state of well-being and contentment; feeling or showing pleasure or joy.

Unhappy

A state of dissatisfaction or sadness, where an individual's emotional needs or desires are not fulfilled.

External Factors

Conditions or situations outside an organization or individual’s control that can impact performance or outcomes.

Conceptual Age

A stage in societal development where creativity and empathy prevail over rational analysis.

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