At the beginning of the current year, Gold Co Estimated total overhead of $5,650,000; materials of $1,450,000
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Question:
At the beginning of the current year, Gold Co Estimated total overhead of $5,650,000; materials of $1,450,000 and direct labor of $2,054,545. Gold Co applies overhead based on direct labor cost. The Company incurred $37,500 in material costs and $98,000 in direct labor costs in completing a recent order. Which of the following is correct for the total cost of the completed order?
A. $135,500
B. $405,000
C. $307,000
D. $270,549
E. None of these are correct
Related Book For
Managerial Accounting
ISBN: 978-1259024900
9th canadian edition
Authors: Ray Garrison, Theresa Libby, Alan Webb
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