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Exercise 10-4 (Part Level Submission) Knight Company reports the following costs and expenses in May. $69,100 Factory utiliti
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Answer #1

Manufacturing Overhead

= Factory utilities +Depreciation on Factory equipment +Indirect factory labor +Indirect materials +factory manager salary + property taxes + factory repairs

= 15500+12650+48900+80800+8000+2500+2000

= 170,350

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