Under Eagle Co.'s job costing system, manufacturing overhead is applied to work in process using a predetermined annual overhead rate. During February, Eagle's transactions included the following:

	Direct materials sent to production.	ps	96,000
	Indirect materials sent to production		14,000
	Manufacturing overhead incurred		131,000
	Manufacturing overhead applied		119,000
	Direct labor costs		113,000

Eagle had no beginning or ending inventory in work-in-process inventory. 

What was the cost of the work completed in February? (adapted to CPA)

Answer rating: 100% (QA)

To determine the cost of the work completed in February we need to calculate the tota... View the full answer