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RIGHT CLICK IMAGE AND OPEN IMAGE IN NEW TAB TO SEE BETTER D5-64007 company provided the following data for the end of the year (all
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D5-64007 company provided the following data for the end of the year (all raw materials are used in production as direct materials) 1 1 20104:34 Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 200,000 $ 235,000 $ 20,000 $ 142,000 $ 354,000 $ 320,000 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning End of of Year Year $ 60,000 $ 38,000 $ 25,000 $33,000 5 2 $ 44,899 For the year, the cost of goods available for sale was $696,000 and the net operating income as reported in its income statement income was $55,000. The DS-64007 company's underapplied or overapplied overhead was closed to Cost of Goods Sold. How much was the DS-64007 company's sales revenue for the year? Multiple Choice $1023000 S1019000 $1027000 $1015.000Step by Step Solution
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