The Oriole Company charges production overhead at a predetermined 90% rate based on direct labor cost. Job
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The Oriole Company charges production overhead at a predetermined 90% rate based on direct labor cost. Job No. 250, the only job still in progress at the end of August, was charged with a production overhead of $7200. Assuming the balance in Work in Progress inventory is $35,000,
what was the amount of direct materials invoiced to Work 250?
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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