Need help with C. Please! Oriole Manufacturing Company makes...
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Need help with C. Please!
Oriole Manufacturing Company makes specialty tools. In January, Oriole incurs manufacturing costs of $11,440,000 for direct material, direct labor, and overhead. 20% of the total costs represents overhead applied. The overhead rate is $1 for every $2 of direct labor costs incurred. Inventory balances were: At the end of January, there was $880 of overapplied overhead. (a) Determine the cost of raw materials purchased in January. Raw materials purchases Prepare a Cost of Goods Manufactured Schedule for January 2022. (c) Your answer is incorrect. Compute Cost of Goods Sold for January. Cost of Goods Sold
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