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Question 2 (1 point) Johal Co. has the following relevant amounts for the year: |Actual manufacturing overhead costs incurred $190,000 Work-in-process, beginning balance 0 Work-in-process,
Question 2 (1 point) Johal Co. has the following relevant amounts for the year: |Actual manufacturing overhead costs incurred $190,000 Work-in-process, beginning balance 0 Work-in-process, ending balance $78,000 Finished goods inventory, beginning balance $150,000 Finished goods inventory, ending balance $322,000 Manufacturing overhead applied $180,000 Cost of goods manufactured $921,000 If the company closes the under- or overapplied overhead directly to cost of goods sold, what will be the balance in the cost of goods sold account? $739,000 $759,000 $809,000 $921,000
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