Please show your work. The accounting records of Pharoah Manufacturing Company include the following information:Work in process inventoryFinished goods inventoryDirect materials usedDirect labor(a)Answer the following questions:(b)Manufacturing overhead is applied at a rate of 150% of direct labor cost.Total debits $(c)Dec. 31$22,400eTextbook and Media392,000Your answer is correct.134,400 168,000What is the total of the additions to Work in Process Inventory during the year?179,200eTextbook and MediaYour answer is correct.Cost of goods sold $Jan. 1$56.000What is the amount transferred to Finished Goods Inventory during the year?840,000What is the cost of goods sold?Transferred to Finished Goods Inventory $873,600Attempts: 2 of 5 usedAttempts: 1 of 5 used

Name: Please show your work. The accounting records of Pharoah Manufacturing
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Description: Please show your work. The accounting records of Pharoah Manufacturing Company include the following information:Work in process inventoryFinished goods inventoryDirect materials usedDirect labor(a)Answer the following questions:(b)Manufacturing over

Total manufacturing cost :— It is the sum of direct material used, direct…

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The accounting records of Pharoah Manufacturing Company include the following information: Work in process inventory Finished goods inventory Direct materials used Direct labor (a) Manufacturing overhead is applied at a rate of 150% of direct labor cost. Answer the following questions: (b) What is the total of the additions to Work in Process Inventory during the year? Total debits $ (c) ✓ Your answer is correct. eTextbook and Media Dec. 31 Jan. 1 $22,400 $56.000 134,400 168,000 ✓ 392,000 179,200 Your answer is correct. What is the amount transferred to Finished Goods Inventory during the year? eTextbook and Media Transferred to Finished Goods Inventory $ Cost of goods sold $ 840,000 What is the cost of goods sold? 873,600 Attempts: 2 of 5 used Attempts: 1 of 5 used