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Goods Sold for $15.000. O Debit Cost of Goods Sold for $120,000 and credit Factory Overhead for $120,000, O None of the answers are correct.

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Goods Sold for $15.000. O Debit Cost of Goods Sold for $120,000 and credit Factory Overhead for $120,000, O None of the answers are correct. Debit Cost of Goods Sold for $15,000 and credit Factory Overhead for $15,000. Question 6 10 Bret's RV Manufacturing uses job order costing to account for it's manufacturing costs. The company estimates total manufacturing overhead costs for the coming year to be $282.783. The total direct materials costs are estimated to be $784.555. The total direct labor hours are estimated to be 67,670 hours with direct labor costs estimated at $541,365, What is the Predetermined Overhead rate If the company applies overhead based on direct labor hours? 0 36.04% O 23.93% 0 52.2436 0 418% 0 417.89% 10 put Question 7 In a job order cost accounting system, which journal entry would be made when raw materials are purchased on account for use in production at a later date? 140509 w OD Question 7 In a job order cost accounting system, which journal entry would be made when raw materials are purchased on account for use in production at a later dat O' Debit Accounts Payable and Credit Raw Materials Inventory O Debit Goods in process inventory and Credit Raw Materials Inventory Debit Factory Overhead and Credit Accounts Payable Debit Raw Materials Inventory and Credit Accounts Payable O Debit Finished Goods Inventory and Credit Work in Process Inventory Question 8 10 In a job order cost accounting system, which journal entry would be made when raw materials are transferred into production during the month." Debit Goods in Process Inventory and Credit Raw Materials Inventory Q Debit Finished Goods Inventory and Credit Goods in Process Inventory Debt Goods in Process Inventory and Credit Materials Expense Debit Raw Material Inventory and Credit Goods In Process Inventory Debit Factory Ducthead and Creeds Raw Materials Inventory Question ? 10 pts O

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