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PLTO Corporation has two manufacturing departments: Machining and Customizing The company used the following data at the begyrming of the year to calculate its predeloonined
PLTO Corporation has two manufacturing departments: Machining and Customizing The company used the following data at the begyrming of the year to calculate its predeloonined overhead rate: Machining Customizing 5.000 5,000 $22,000 $11,500 Total machine hours (MHs) Total fixed manufacturing overhead cost Variable manufacturing overhead cost $ 1.80 $3.00 per MH During the most recent month the conipany started and completed two jolis: Job A and Job B. There were no beginning inventories. Data conting these jobs are as follows: Job A Job B Direct materials $12,800 $7,000 Direct labor $17,600 $7.700 Machining machine hours 3,400 1,600 Customizing machine 2,000 3,000 1 hours Assume the company uses a plantwide predelermined overhead rate ba on machine hours. If both jobs were sold during the month, then what was PLTO's cost of goods sold for the month? $61,450 $41,150 $110,808 $102.600 None of the above
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