Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260.

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Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contained the following data:
Techuxia Corporation worked on four jobs during October: Job A256,

Jobs A256 and A258 were completed during October. The other two jobs had not yet been completed at the end of October. There was no finished goods inventory on October 1.
In October, overhead was over applied by $800. The company adjusts its cost of goods sold every month for the amount of the under applied or over applied overhead.
Required:
Using the indirect method, what is the cost of goods sold for October?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Managerial Accounting for Managers

ISBN: 978-1259578540

4th edition

Authors: Eric Noreen, Peter Brewer, Ray Garrison

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