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When preparing a schedule of cost of goods manufactured using a job-order costing system, what is the calculation for total manufacturing costs? O Direct materials
When preparing a schedule of cost of goods manufactured using a job-order costing system, what is the calculation for total manufacturing costs? O Direct materials + direct labour + manufacturing overhead allocated Direct materials + direct labour + actual manufacturing overhead Direct materials + direct labour + estimated manufacturing overhead Direct materials + direct labour + manufacturing overhead In job-order costing, direct materials and direct labour costs are: O Charged to each job as work is performed Charged to manufacturing overhead and allocated to jobs using a predetermined overhead rate O Charged to manufacturing overhead O Charged to each job using a predetermined overhead rate In job-order costing, manufacturing overhead costs are: O Charged to each job using a predetermined overhead rate O Charged to each job as work is performed O Charged to manufacturing overhead and allocated to jobs that are completed during the period using a predetermined overhead rate O Charged to manufacturing overhead and allocated to jobs using a predetermined overhead rate Under a job-order costing system, what is the journal entry required to record a completed job? Debit: Work in process inventory; Credit: Finished goods inventory Debit: Finished goods inventory; Credit: Work in process inventory Debit: Cost of goods manufactured; Credit: Finished goods Debit: Finished goods inventory; Credit: Cost of goods manufactured
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