Question

The following information applies to Job 730 completed by Sweeny Manufacturing Company during October 2013. The amount of labor cost for the job was $81,000. Applied overhead amounted to $115,000. The project was completed and delivered to Perez Company at a contract price of $327,000. Sweeny recognized a gross profit of $60,000 on the job.

Required
Determine the amount of raw materials used to complete Job 730.



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  • CreatedFebruary 07, 2014
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