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during 2022, concord manufacturing estimated that job no. 26 would incur $300000 of overhead, $500000 of materials, and $200000 in labor, Concord applied overhead based
during 2022, concord manufacturing estimated that job no. 26 would incur $300000 of overhead, $500000 of materials, and $200000 in labor, Concord applied overhead based on direct labor cost. Actual production required an overhead cost of $330000, $450000 in materials used, and $280000 in labor. All of the goods were completed. What amount was transferred to finished goods inventory?
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