Soapy's Suds makes and sells root beer. Its beginning Work-in-Process Inventory was $12,000 and the ending...

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Soapy's Suds makes and sells root beer. Its beginning Work-in-Process Inventory was $12,000 and the ending Work-in- Process Inventory was $10,000. During the year, Soapy used $45,000 of direct materials and Incurred $30,000 of direct labor in production. Its cost of goods manufactured for the period was $97,000. How much manufacturing overhead did Soapy Incur during the period? Soapy's Suds makes and sells root beer. Its beginning Work-in-Process Inventory was $12,000 and the ending Work-in- Process Inventory was $10,000. During the year, Soapy used $45,000 of direct materials and Incurred $30,000 of direct labor in production. Its cost of goods manufactured for the period was $97,000. How much manufacturing overhead did Soapy Incur during the period?

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Cost of Goods Manufactured Beginning Work in Progress Dire... View the full answer