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Under Stanford Corporation's job-costing system, manufacturing overhead is applied to work in process using a predetermined annuall overhead rate. During November, Year 1, Stanford's
Under Stanford Corporation's job-costing system, manufacturing overhead is applied to work in process using a predetermined annuall overhead rate. During November, Year 1, Stanford's transactions included the following: (Click the icon to view the transactions.) Stanford had neither beginning nor ending workinprocess inventory. What was the cost of jobs completed and transferred to finished goods in November 20X1? 1. $604,000 2. $644,000 3. $620,000 4. $660,000
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