Determine missing information for a job order The following information pertains to Job 712 that Troy Manufacturing
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Determine missing information for a job order The following information pertains to Job 712 that Troy Manufacturing Company completed during January 2007. Materials and labor costs for the job were $31,000 and $19,000, respectively. Applied overhead costs were $22,000. Troy completed and delivered the job to its customer and earned a
$25,000 gross profit.
Required Determine the contract price for the job.
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Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 9780073526799
4th Edition
Authors: Thomas Edmonds, Bor-Yi Tsay, Philip Olds
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