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A company has the following transactions during the week. Purchase of $1,000 raw materials inventory Assignment of $500 of raw materials inventory to Job 5
A company has the following transactions during the week.
Purchase of $1,000 raw materials inventory
Assignment of $500 of raw materials inventory to Job 5
Payroll for 20 hours with $1,000 assigned to Job 5
Factory utility bills of $750
Overhead applied at the rate of $10 per hour
What is the cost assigned to Job 5 at the end of the week?
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