Question
Burrel Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of
Burrel Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of the month. In June the company completed job E08D that consisted of 16,000 units of one of the company's standard products. No other jobs were in process during the month. The job cost sheet for job E08D shows that the job's total cost was $774,400. During the month, 9,000 completed units from job E08D were sold. No other products were sold during the month. The unadjusted cost of goods sold (in other words, the cost of goods sold BEFORE adjustment for any underapplied or overapplied overhead) for June is closest to: rev: 10_20_2017_QC_CS-105904
$600,400
$435,600
$774,400
$441,700
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