The general ledger of Ricardo Products Inc. contains the following control account: If the materials charged to

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The general ledger of Ricardo Products Inc. contains the following control account:

If the materials charged to the one uncompleted job still in process amounted to $3,400, what amount of labor and factory overhead must have been charged to the job if the factory over head rate is 100% of direct laborcost?

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Principles of Cost Accounting

ISBN: 978-1133187868

16th edition

Authors: Edward J. Vanderbeck

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Question Posted: May 05, 2014 10:50 AM

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The general ledger of Ricardo Products Inc. contains the following control account: If the materials charged to

Question:

Work in Process Materials Labor Factory overhead 15,000 Finished goods 16,000 16,000

Step by Step Answer:

Balance of work in process 47000 40000 ...View the full answer

Principles of Cost Accounting

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