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During 2008, Denson Manufacturing expected Job No. 51 to cost $450,000 of overhead, $750,000 of materials, and $300,000 in labor. Denson applied overhead based on
During 2008, Denson Manufacturing expected Job No. 51 to cost $450,000 of overhead, $750,000 of materials, and $300,000 in labor. Denson applied overhead based on direct labor cost. Actual production required an overhead cost of $420,000, $825,000 in materials used, and $330,000 in labor. All of the goods were completed. What amount was transferred to Finished Goods? $1,500,000 $1,575,000 $1,650,000 $1,605,000
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