12. The following accounts are from last year's books at Sharp Manufacturing: Raw Materials Work In...

 

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12. The following accounts are from last year's books at Sharp Manufacturing: Raw Materials Work In Process Debit Credit Debit Credit Balance (a) 0(b) 155,400 167,500 Balance (b) 0 (1) 515,600 132,700 12,100 (c) 169,400 (e) 213,500 0 Finished Goods Credit Debit 467,000 (b) (c) (d) Debit Balance (f) O(g) 515,600 48,600 Cost of Goods Sold Debit Credit (g) 467,000 Manufacturing Overhead 22,700 (e) 26,700 157,400 Credit 213,500 A 6,700 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of cost of goods manufactured for the year? 12. The following accounts are from last year's books at Sharp Manufacturing: Raw Materials Work In Process Debit Credit Debit Credit Balance (a) 0(b) 155,400 167,500 Balance (b) 0 (1) 515,600 132,700 12,100 (c) 169,400 (e) 213,500 0 Finished Goods Credit Debit 467,000 (b) (c) (d) Debit Balance (f) O(g) 515,600 48,600 Cost of Goods Sold Debit Credit (g) 467,000 Manufacturing Overhead 22,700 (e) 26,700 157,400 Credit 213,500 A 6,700 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of cost of goods manufactured for the year?