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Details ACCT 102CX Exam 2 Part 2 1 8 2 1 22% Sun 5:36 https:/ewconnect.mheducation.com/flow/connect.html?returnUrl=https%3%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration%2Fsig... Saved Help Save & Exit Submit Check my work Fox

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Details ACCT 102CX Exam 2 Part 2 1 8 2 1 22% Sun 5:36 https:/ewconnect.mheducation.com/flow/connect.html?returnUrl=https%3%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration%2Fsig... Saved Help Save & Exit Submit Check my work Fox Co.'s March 31 inventory of raw materials is $160,000. Raw materials purchases in April are $690,000, and factory payroll cost in April is $571,000. Overhead costs incurred in April are: indirect materials, $111,000; indirect labor, $71,000; factory rent, $61,000; factory utilities, $51,000; and factory equipment depreciation, $67,000. The predetermined overhead rate is 70% of direct labor cost. Job 306 is sold for $1,050,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 Ba on March 31 materials $ 61,000 $ 83,000 Direct labor 52,000 Applied overhead 34,000 36,400 23, 800 Costs during April Direct materials 167,000 268,000 Direct labor 149 , 000 $132,000 230, 000 121,000 Applied overhead ? Finished ? Status on April 30 Finished In ( sold) ( unsold) process Complete this question by entering your answers in the tabs below. Requirement General General Journal Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit Dates: Mar 31 to: Apr 30 General Ledger Account Cash Accounts receivable, net No. Date Debit Credit Balance No. Date Debit Credit Balance Mar 30 610.000 244.000 Raw materials inventory Work in process inventory 1 of 10 Next >

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