The Plastic Manufacturing Company uses the Job Order Costing and applies manufacturing overhead costs to units produced using an appropriate base. The activities for September 2020 are shown below: Direct Material Inventory used $ 45,000 Indirect Material Inventory used $ 4,000 Direct Manufacturing Labor $ 53,500 Applied Manufacturing Overhead $ 56,500 Actual Manufacturing Overhead $ 62,500 Beginning and Ending Work In Process $0 What is the cost of jobs completed in September 2020? a. $ 151,000 O b. $ 155,000 O c. $ 161,500

The Plastic Manufacturing Company uses the Job Order Costing and applies manufacturing overhead costs to units produced using an appropriate base. The activities for September 2020 are shown below: Direct Material Inventory used $ 45,000 Indirect Material Inventory used $ 4,000 Direct Manufacturing Labor $ 53,500 Applied Manufacturing Overhead $ 56,500 Actual Manufacturing Overhead $ 62,500 Beginning and Ending Work In Process $0 What is the cost of jobs completed in September 2020? a. $ 151,000 O b. $ 155,000 O c. $ 161,500

Name: The Plastic Manufacturing Company uses the Job OrderCosting and appli
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Description: The Plastic Manufacturing Company uses the Job OrderCosting and applies manufacturing overhead costs to unitsproduced using an appropriate base. The activities forSeptember 2020 are shown below:Direct Material Inventory used$ 45,000Indirect Material

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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