Business, 19.06.2020 06:57 patrick171888

Evener, Inc. has provided the following data for the month of July. There were no beginning inventories; consequently, the direct materials, direct labor and manufacturing overhead applied listed below are all for the current month: Work in Process Finished Goods Cost of Goods Sold
Total
Direct materials $6,030 $16,560 $23,400 $45,990
Direct Labor 3,770 16,560 23,400 43,730
Manufacturing overhead applied 4,950 11,550 16,500 33,000
Total $14,750 $44,670 $63,300 122,720
Manufacturing overhead for the month was overapplied by $3,000
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 overapplied during the month in those accounts.
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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Evener, Inc. has provided the following data for the month of July. There were no beginning inventor...

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