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The IS-17004 company uses traditional job-order costing with direct labor cost as the allocation base. The company reports the following information for last year: The
The IS-17004 company uses traditional job-order costing with direct labor cost as the allocation base. The company reports the following information for last year: The company closes out any underapplied or overapplied overhead to Cost of Goods Sold. What was the IS-17004 company's adjusted Cost of Goods Sold for last year? $459,500 $451,300 $433,800 $472,300
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