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During 2019, Waterway Industries expected Job No. 26 to cost $300000 of overhead, $500000 of materials, and $200000 in labor. Waterway applied overhead based on
During 2019, Waterway Industries expected Job No. 26 to cost $300000 of overhead, $500000 of materials, and $200000 in labor. Waterway applied overhead based on direct labor cost. Actual production required an overhead cost of $390000, $650000 in materials used, and $320000 in labor. All of the goods were completed. What amount was transferred to Finished Goods? $1000000 $1450000 O $1270000 O $1360000
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