During 2022. Swifty Corporation expected Job No. 51 to cost $600000 of overhead, $430000 of materials,...

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During 2022. Swifty Corporation expected Job No. 51 to cost $600000 of overhead, $430000 of materials, and $300000 in labor. Swity applied overhead based ondirect labor cost. Actual production incurred overhead of $320000, $570000 in materials, and $270000 in labor. All of the goods were completed. What amount was transferred to Finished Goods? O $1330000 O $1160000 O $1380000 O $1440000 During 2022. Swifty Corporation expected Job No. 51 to cost $600000 of overhead, $430000 of materials, and $300000 in labor. Swity applied overhead based ondirect labor cost. Actual production incurred overhead of $320000, $570000 in materials, and $270000 in labor. All of the goods were completed. What amount was transferred to Finished Goods? O $1330000 O $1160000 O $1380000 O $1440000

Answer rating: 100% (QA)

Solution The correct answer is 1160000 Explanation Cal... View the full answer