Business, 26.05.2021 20:10 lilyrockstarmag

"Consider the following data: Cost of goods sold $70 Direct labor $20 Direct materials used $15 Cost of goods manufactured $80 Work in process ending $10 Finished goods ending $15 Actual overhead $32 OH allocated at 150% of DL$. Show all computations. a) Prepare a schedule of COGM & Sold using OH allocated. b) Prepare the journal entry to close OH."

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"Consider the following data: Cost of goods sold $70 Direct labor $20 Direct materials used $15 Cost...