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QUESTION 5 Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year: Direct materials used $
QUESTION 5 Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year: Direct materials used $ 5,000 Direct labor 7,000 Total factory overhead 5,100 Beginning work in process 3,000 Ending work in process 4,000 A. $12,000 B. $16,100 C. $17,100 D. $18,100 QUESTION 6 72,000 68,000 246,000 Use the following data to calculate the cost of goods sold for the period : Beginning Finished Goods Inventory Ending Finished Goods Inventory Cost of Goods Manufactured for the period A. $250,000 OB. $290,000 C. $242,000 D.$258,000 QUESTION 7 Job order costing would be used for all of the following except: A. Construction of a custom home B. Production of breakfast cereals. C. Production of a Pixar movie D. Production of wedding invitations
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