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Dverhead is applied at the rate of 110% of direct labor cost. Jobs are sold at cost plus 30%. Selling and administrative expenses for April
Dverhead is applied at the rate of 110% of direct labor cost. Jobs are sold at cost plus 30%. Selling and administrative expenses for April totaled $4,525. (Round all amounts to the nearest dollar.) Required: 1. Prepare job-order cost sheets for each job as of April 30 . 2. Calculate the ending balance in Work in Process (as of April 30) and Cost of Goods Sold for April. 3. Construct an income statement for Duweynie Company for the month of April. Prepare job-order cost sheets for each job as of April 30. Refer to the list of Labels and Amount Descriptions for the exact wording of text items within your job-cost shee 2. Calculate the ending balance in Work in Process (as of April 30) and Cost of Goods Sold for April. Ending Balance in Work in Process Cost of Goods Sold for April using a minus sign
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