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FINAL C Feb 11 1:00 p.m. i Saved The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Work In Process
FINAL C Feb 11 1:00 p.m. i Saved The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Work In Process Debit Credit Debit Credit Balance (a) 0 (b) 158,000 174,000 16,000 Balance (b) 0 (f) 526,000 134,000 (c) 172,000 (e) 220,000 0 Finished Goods Manufacturing Overhead Debit Balance (f) Credit Debit Credit 0(g) 526,000 46,000 480,000 (b) (c) 24,000 (e) 220,000 (d) 28,000 160,000 Cost of Goods Sold Debit Credit (g) 480,000 8,000 Help Save & Exit Submit Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year? Multiple Choice
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