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Pederson Company reported the following: Manufacturing costs $1,000,000 Units manufactured 40,000 Units sold 35,000 units sold for $60 per unit Beginning inventory O unit What

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Pederson Company reported the following: Manufacturing costs $1,000,000 Units manufactured 40,000 Units sold 35,000 units sold for $60 per unit Beginning inventory O unit What is the cost of ending finished goods inventory? The system only recognizes the number. Please do not include a dollar sign, other text, or commas separator and keep 0 decimal place. e.g., 12345 Answer: For 20X5, Aspire Ltd uses a job-costing system. Aspire uses normal costing system with two direct cost categories (direct materials and direct production labour costs) and one indirect cost pools with machine-hours as the cost driver. The accounting records contain the following information: Budgeted Actual Direct Materials $150,000 $200,000 Direct production labour costs $100,000 $120,000 Manufacturing overhead costs $150,000 $180,000 Machine-hours 30,000 35,000 Using normal costing, what is the amount of total costs assigned to jobs during 20x5? The system only recognizes the number. Please do not include a dollar sign, other text, or commas separator and keep 0 decimal place. e.g., 12345

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