The following information is available for completed Job No. 402: direct materials, $160000; direct labor, $220000;...

 

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The following information is available for completed Job No. 402: direct materials, $160000; direct labor, $220000; manufacturing overhead applied, $130000; units produced, 10000 units; units sold, 2000 units. The cost of the finished goods on hand from this job is The following information is available for completed Job No. 402: direct materials, $160000; direct labor, $220000; manufacturing overhead applied, $130000; units produced, 10000 units; units sold, 2000 units. The cost of the finished goods on hand from this job is

Answer rating: 100% (QA)

To calculate the cost of the finished goods on hand from Job No 402 we need to consider the direct m... View the full answer