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Which of the following contain(s) the detailed cost data that support the Work in Process control account? Multiple Choice Job cost sheets. The Manufacturing Overhead
Which of the following contain(s) the detailed cost data that support the Work in Process control account? Multiple Choice Job cost sheets. The Manufacturing Overhead account. The Finished Goods inventory account, Purchase requisitions Save te In a job-order costing system, when a job remains incomplete at the end of a period, how is the amount of overhead cost that has been applied to that job treated? Multiple Choice It is deducted on the income Statement is overapplied overhead It is closed out to Cost of Goods Sold It is transferred to Finished Goods It is part of the ending balance of the Work in Process inventory account Help Seve & Exit Freeman Company uses a predetermined overhead rate based on direct labour hours to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated manufacturing overhead would be $150.000 and direct labour hours would be 10,000. The actual figures for the year were $186,000 for manufacturing overhead and 12,000 direct labour hours. The cost records for the year will show which of the following? Multiple Choice O Overapplied overtivad of $30.000 Underapplied overhead of $30.000 o Underapplied overhead of $6,000 Overapplied overhead of $6.000
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