Smithtown Manufacturing expected to produce 100,000 units with $300,000 of overhead, $500,000 of material, and $200,000 in
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Question:
Smithtown Manufacturing expected to produce 100,000 units with $300,000 of overhead, $500,000 of material, and $200,000 in labor. Actual production was 110,000 units with an overhead cost of $280,000, $550,000 in materials used; and $220,000 in labor.
If all the goods were completed how do I find out what amount would be transferred to finished goods?
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