During 2015, Tyler Manufacturing expected Job No. 26 to cost $336,000 of overhead, $400,000 of materials, and
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Question:
During 2015, Tyler Manufacturing expected Job No. 26 to cost $336,000 of overhead, $400,000 of materials, and $240,000 in labor. Tyler applied overhead based on direct labor cost. Actual production required an overhead cost of $845,000, $825,000 in materials used, and $350,000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?
Select one:
A. $1,206,000B. $976,000C. $1,617,000D. $1,637,000E. None of the above
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