St. Croix Inc. has provided the following information
1. St. Croix Inc. has provided the following information for 2008:
a. Purchased raw materials on account for $150,000.
b. Issued $130,000 in raw materials to production ($34,000 were not traceable to specific jobs).
c. Incurred $144,000 in direct labor costs (14,120 hours) and $62,500 in supervision costs (paid in cash).
d. Incurred the following additional manufacturing overhead c ...
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28 May 2016