AaBbC AaBbCcC AaB AaBbCcD AaBbCcDd PFind Replace I Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Subtle Em. Paragraph A Select .. I ... ...I. . 2 Styles 3 .. I . 4 ...I Editing 6 .. 49) Ramjack manufacturing company uses job costing, absorbing overheads at 150% of direct labor cost. Data pertaining to recent operations during the month of January 2021 are as follows Job #220 Job #221 2$ 24,000 30,000 Direct materials 18,000 15,000 Direct labor costs If job #220 and #221 were the only jobs that Ramjack completed during January 2021, how much is the cost of goods sold for the month? a) $82,500 b) $136,500 c) $126,000 d) $87,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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What is the answer for number 49?

SA
AaBbCcDd AaBbC AABBCCD AaBbCcD AaBbCcDd
AaB
O Find
I Normal
1 No Spac... Heading 1
Replace
Heading 2
Title
Subtitle
Subtle Em...
Paragraph
Select Y
Styles
Editing
49) Ramjack manufacturing company uses job costing, absorbing overheads at 150% of direct labor cost.
Data pertaining to recent operations during the month of January 2021 are as follows
Job #220
Job #221
24,000
30,000
Direct materials
15,000
18,000
Direct labor costs
If job #220 and #221 were the only jobs that Ramjack completed during January 2021, how much is the
cost of goods sold for the month?
a) $82,500
b) $136,500
c) $126,000
d) $87,000
%24
Transcribed Image Text:SA AaBbCcDd AaBbC AABBCCD AaBbCcD AaBbCcDd AaB O Find I Normal 1 No Spac... Heading 1 Replace Heading 2 Title Subtitle Subtle Em... Paragraph Select Y Styles Editing 49) Ramjack manufacturing company uses job costing, absorbing overheads at 150% of direct labor cost. Data pertaining to recent operations during the month of January 2021 are as follows Job #220 Job #221 24,000 30,000 Direct materials 15,000 18,000 Direct labor costs If job #220 and #221 were the only jobs that Ramjack completed during January 2021, how much is the cost of goods sold for the month? a) $82,500 b) $136,500 c) $126,000 d) $87,000 %24
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