Business, 05.07.2021 19:20 catchonyet
A company's overhead rate is 60% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used.
Goods in process inventory:
Beginning balance $100,800
D. M.
D. L.
O. H. F. G.
Ending balance $131,040
Factory overhead:
93,240 90,720
Finished goods inventory:
Beginning balance $118,200
324,800 301,000
Ending balance $142,000
Answers: 1
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A company's overhead rate is 60% of direct labor cost. Using the following incomplete accounts, dete...
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