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The Electric Light Orchestra (ELO) Company uses normal costing and job-order costing. The company charges overhead to jobs based on direct labor cost. Job 57
The Electric Light Orchestra (ELO) Company uses normal costing and job-order costing. The company charges overhead to jobs based on direct labor cost. Job 57 was charged $6,000 for direct materials, $4,000 for direct labor, and $12,000 for allocated overhead. The job consisted o 50 units when completed, but 10 of these units were spoiled and thrown away. The company treats the spoilage as abnormal. When Job 57 is transferred to Finished Goods, the Finished Goods Control account would be debited for what amount? Do not put a dollar sign in your
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