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The balance in Abigail's WIP account was $10,000 at the beginning of the month and $21,000 at the end. The company used $24,000 of DM
The balance in Abigail's WIP account was $10,000 at the beginning of the month and $21,000 at the end. The company used $24,000 of DM and used $9,000 of DL. If the sum of the debits to the FOH account were $13,000 and the credits were $12,000, then which of the following statement(s) is/are TRUE? 1. Actual FOH for the period was $13,000 2. FOH was $1,000 over applied 3. FG was debited for $35,000 during the month 4. Total manufacturing costs during the month were $45,000 Only Statement #3 is true Only Statement #1 is true Both Statement #1 and #4 are true Only Statement #4 is true Statement #1, #2, and #4 are true O Only Statement #2 is true O All of the Statements are true
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