Question: Attempt all questions. question carries equal man (3 x 20) Question No 1. Manager of Star printing asks the account officer to bring the

Attempt all questions. question carries equal man (3 x 20) Question No

Attempt all questions. question carries equal man (3 x 20) Question No 1. Manager of Star printing asks the account officer to bring the following incomplete accounts up to date through January 31, 2017. Consider the data (balances) that appears in the T-accounts as well as the following information in items (a) through (j). Star's normal-costing system has two direct-cost categories (direct material costs and direct manufacturing labor costs) and one indirect-cost pool (manufacturing overhead costs, which are allocated using direct manufacturing labor costs). Materials Control: 12-31-2015 Wages Payable Control: 1-31-2016 Work-in-Process Control: Manufacturing Overhead Control: 1-31-2016 Finished Goods Control: 12-31-2015 Costs of Goods Sold: - Bal. 45,000 Bal. 9,500 Bal. 156,050 Bal. 72,700 Additional information follows: a. Manufacturing overhead is allocated using a budgeted rate that is set every December. You forecast next year's manufacturing overhead costs and next year's direct manuf

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