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Sanders Manufacturing has the following amounts listed before reconciling the overhead variance. Estimated overhead $760,000 Applied overhead 756,000 Actual overhead 740,000 Cost of goods sold
Sanders Manufacturing has the following amounts listed before reconciling the overhead variance.
Estimated overhead | $760,000 |
Applied overhead | 756,000 |
Actual overhead | 740,000 |
Cost of goods sold | 935,000 |
Assuming that any overhead variance is immaterial, calculate the adjusted Cost of Goods Sold after adjusting for the overhead variance.
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