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Bramble Manufacturing produces industrial light fixtures. For the year, management estimated that total manufacturing overhead would be $1119000. Management decided to use direct labor hours
Bramble Manufacturing produces industrial light fixtures. For the year, management estimated that total manufacturing overhead would be $1119000. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 143400 direct labor hours. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control: Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Cost of Goods Sold $123600 464240 432840 2340500 For the year, manufacturing overhead was underapplied by $221000. If Bramble prorates the underapplied overhead, what is the ending balance of the Finished Goods Inventory? (Round intermediate calculations to 4 decimal places.) $434692 $462388 $403292 $493788
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