Question
The following partially completed T-accounts summarize the transactions of Belson Company for last year: At the end of the year, the company closes out the
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The following partially completed T-accounts summarize the transactions of Belson Company for last year: At the end of the year, the company closes out the balance in the Manufacturing Overhead account to Cost of Goods Sold. The indirect labor cost is:
$6,000
$13,000
$16,000
$31,000
At the end of the year, the company closes out the balance in the Manufacturing Overhead account to Cost of Goods Sold. The cost of goods sold (after adjustment for underapplied or overapplied manufacturing overhead) is:
$61,000
$62,000
$63,000
$64,000
At the end of the year, the company closes out the balance in the Manufacturing Overhead account to Cost of Goods Sold. The manufacturing overhead applied is:
$28,000
$29,000
$30,000
$38,000
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