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cturing company hias the following ol Sales WIP inventory finished goods inventory11800 cost of goods sold actual factory overhend 300,000 factory overhead applied 160000 354
cturing company hias the following ol Sales WIP inventory finished goods inventory11800 cost of goods sold actual factory overhend 300,000 factory overhead applied 160000 354 000 132000 of s 250000 These balances are not ndjusted for the wsoied or serageplicd fauer the proration method to disposes the year-evel facory overlead the year after disposing the year-end overhead belae A) $64,000 B) $84,000 C) $124,000 D) $104,000 yte e 33. Company G developed the following data for the cument year Beginning work in process inventory Direct materials used Manufacturing Overhead applied Cost of goods manufactured Direct labor cost $200,000 96100 144000 176500 240000 Company's ending work in process inventory is A) $504,000. B) S156,000. C) $104,800. D) $856,000. 34. Wajajah Mills had the following information available at the end of its cument founcialyear Budgeted factory overhead costs$200,000 Actual factory overhead costs Budgeted machine hours Actual machine hours 5205,000 100,000 98,750 The accountants in the company selected machine hours as the cost driver for factory ovethead un job was budgeted to use 27,500 machine hours but it only used 25,000 machine uswos factory overhead is applied to this job A) 555,000 B) $50,625 C) $50,000
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