Question: The Samuelson Company uses a job-order costing system. The following data were recorded for June: Overhead is charged to production at 70% of the direct
The Samuelson Company uses a job-order costing system. The following data were recorded for June: Overhead is charged to production at 70% of the direct materials cost. Jobs 475,477 , and 478 have been delivered to the customer. What was Samuelson's Work in Process inventory balance for Job 476 on June 30 ? a. $6,450 b. $2,300 c. $2,860 d. $2,720
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