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Use the following information to answer questions. (Algo) [The following information opplies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first
Use the following information to answer questions. (Algo) [The following information opplies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $101,900 of raw materials on credit. b. Materials requisitions show the following materials used for the month. c. Time tickets show the following labor used for the month. d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $169,460 on credit. g. Incurred the followina actual other overhead costs for the month. Prepare a job cost sheet for Job 201 and for Job 20
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