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Barnhouse Barn Builders began operation in July of 2 0 2 6 . The following are expectations and budgeted information for the annual period ending
Barnhouse Barn Builders began operation in July of The following are expectations and
budgeted information for the annual period ending in June of
Expectations and Budgeted Information for July June
Barnhouse Barn Builders actual information for the month ending July
D Overhead is assigned using a single rate based on direct labor hours. What would Barnhouse's
capacitybased predetermined overhead rate be
cost of Gd sold
D During Aarek, Job was sola. Job and Job remained unfinished.
July
What is the balance in the work in process account at the end of July.
What is the beginning balance in the WIP account for Job for August
What is the ending balance in Cost of Goods Sold?
What would the ending balance be in Cost of Goods Sold if direct labor dollars were used to
determine a predetermined overhead rate?
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