Solution-Calculate the adjusted cost of goods sold for the

Calculate the adjusted cost of goods sold for the year

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Reference no: EM131600268

Question -

Tusa Corporation is a manufacturer that usesjoh-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year:

Estimated total manufacturing overhead at the beginning of the year - $638,250

Estimated direct labor-hours at the beginning of the year - 37,000 direct

Results of operations:

Actual direct labor-hours - 34,000 direct labor-hours

Manufacturing overhead:

Indirect labor cost - $ 148,000

Other manufacturing overhead costs incurred - $ 450,000

Cost of goods manufactured - $1,611,000

Cost of goods sold {unadjusted} - $1,513,000

Calculate the adjusted Cost of Goods Sold for the year?

Reference no: EM131600268

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Calculate the adjusted cost of goods sold for the year

Reference no: EM131600268

Reference no: EM131600268

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