Sawyer Company had the following information for the year. Direct materials used Direct labor incurred (7,500 hours) Actual manufacturing overhead incurred Beginning Work in Process Inventory Ending Work in Process Inventory Beginning Finished Goods Inventory Ending Finished Goods Inventory Multiple Choice $ 196,200 248,600 295,000 Sawyer Company used a predetermined overhead rate based on estimated overhead of $344,000 and 8,600 estimated direct labor hours. What was the adjusted cost of goods sold? $730100 0 0 0 9,700

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Sawyer Company had the following information for the year:
Direct materials used
Direct labor incurred (7,500 hours)
Actual manufacturing overhead incurred
Beginning Work in Process Inventory
Ending Work in Process Inventory
Beginning Finished Goods Inventory
Ending Finished Goods Inventory
Multiple Choice
Sawyer Company used a predetermined overhead rate based on estimated overhead
What was the adjusted cost of goods sold?
$730100
$ 196,200
248,600
295,000
$739,800
0
0
0
9,700
$344,000 and 8,600 estimated direct labor hours.
Transcribed Image Text:Sawyer Company had the following information for the year: Direct materials used Direct labor incurred (7,500 hours) Actual manufacturing overhead incurred Beginning Work in Process Inventory Ending Work in Process Inventory Beginning Finished Goods Inventory Ending Finished Goods Inventory Multiple Choice Sawyer Company used a predetermined overhead rate based on estimated overhead What was the adjusted cost of goods sold? $730100 $ 196,200 248,600 295,000 $739,800 0 0 0 9,700 $344,000 and 8,600 estimated direct labor hours.
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