Telstar uses job order costing. The T-accounts below summarize its production activity for the year....
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Accounting
Telstar uses job order costing. The T-accounts below summarize its production activity for the year. 1. Compute the amount for each of the following. a. Direct materials used b. Indirect materials used c. Direct labor used d. Indirect labor used e. Cost of goods manufactured f. Cost of goods sold (before closing over-or underapplied overhead) 2. Compute the amount that overhead is overapplied or underapplied
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