Dixboro Company manufactures one product and accounts for costs using a job cost system. You have obtained

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Dixboro Company manufactures one product and accounts for costs using a job cost system. You have obtained the following information from the corporation's books and records for the fiscal year ended May 31, year 1:
• Total manufacturing cost during the year was $16,500,000 based on actual direct material, actual direct labor, and applied manufacturing overhead.
• Manufacturing overhead was applied to work in process at 66.67 percent (two-thirds) of direct labor dollars. Applied manufacturing overhead for the year was 40 percent of the total manufacturing cost during the year.
Required
Compute actual direct material used, actual direct labor, and applied manufacturing overhead.
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Related Book For  answer-question

Fundamentals of Cost Accounting

ISBN: 978-1259565403

5th edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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