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Cullumber Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $2,940 and two

Cullumber Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $2,940 and two jobs in process: Job No. 429 $1,680, and Job No. 430 $1,260. During May, a summary of source documents reveals the following. image text in transcribed
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Cullumber Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $2,940 and two jobs in process: Job No, 429$1,680, and Job No.430 $1,260. During May. a summary of source documents reveals the following Cullumber Compamy applies manufacturing overhead to jobs at an overhead rate of 60N of direct labor cost. Job No. 429 is completed during the month. Post the entries to Workin Process Inventory, and prove the agreement of the control account with the job cost sheets (Post entries in the onder of joumal entries presented in the previous part.) eTextbook and Media Job Cost Sheets Cullumber Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $2,940 and two jobs in process: Job No, 429$1,680, and Job No.430 $1,260. During May. a summary of source documents reveals the following Cullumber Compamy applies manufacturing overhead to jobs at an overhead rate of 60N of direct labor cost. Job No. 429 is completed during the month. Post the entries to Workin Process Inventory, and prove the agreement of the control account with the job cost sheets (Post entries in the onder of joumal entries presented in the previous part.) eTextbook and Media Job Cost Sheets

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