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Source documents revealed the following during March: table [ [ , table [ [ Materials ] , [ Requisitions ] , [ Forms
Source documents revealed the following during March:
tabletableMaterialsRequisitionsFormstableLabor TimeTicketsStatus of Job at MonthEndJob $$Completed and soldJob Completed, but not soldJob In processIndirect$$
The company applies overhead to products at a rate of percent of direct labor cost.
Required:
Compute the cost of Jobs and at the end of the month.
Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at monthend.
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Compute the cost of Jobs and at the end of the month.
tabletableTotal ManufacturingCostJob Job Job
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