Parker Company had the following information for the year: Direct materials used$196,468 Direct labor incurred (7,120 hours)$226,955

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Parker Company had the following information for the year:

Direct materials used $ 196,468

Direct labor incurred (7,120 hours) $ 226,955

Actual manufacturing overhead incurred $ 190,111

Parker Company used a predetermined overhead rate using estimated overhead of $166,231 and 6,720 estimated direct labor hours. What are the total manufacturing costs ? (In other words, what is the total debit to Work in Process?)

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Managerial Accounting A Focus on Ethical Decision Making

ISBN: 978-0324663853

5th edition

Authors: Steve Jackson, Roby Sawyers, Greg Jenkins

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Posted Date: Mar 12, 2024 01:26 AM

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Parker Company had the following information for the year: Direct materials used$196,468 Direct labor incurred (7,120 hours)$226,955

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Managerial Accounting A Focus on Ethical Decision Making

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