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Jenkins Company had the following information for the year Direct materials used Direct labor incurred (9,000 hours) Actual manufacturing overhead incurred $295,000 $245,000 $343,000 Jenkins
Jenkins Company had the following information for the year Direct materials used Direct labor incurred (9,000 hours) Actual manufacturing overhead incurred $295,000 $245,000 $343,000 Jenkins Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $19,000. What was adjusted cost of goods sok? Multiple Choice $883,000 $881000 Multiple Chalce S883,000 5881000 5900,000 $6.000
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