Revu's Company's costs for the year were:

Factory overhead applied: $400,000

Cost of goods manufactured: $880,000

Factory overhead incurred: $392,600

Finished goods inventory was $218,000 on January 1 and $190,000 on December 31.

If Revu closes overapplied or underapplied overhead cost to goods sold at year-end, what is the adjusted cost of goods sold for the year?

Answer rating: 100% (QA)

We can calculate the adjusted cost of goods sold for Revus Company by following these steps 1 Calcul... View the full answer