Question: The following information applies to Job 730 completed by Sweeny

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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