Chapter 12, Problem 12.45BP

Please help me solve this general accounting question using the right accounting principles.

Please provide the accurate answer to this general accounting problem using valid techniques.

calculate the equity

What was the standard cost per unit of product?

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Please provide the correct answer to this financial accounting problem using accurate calculations.

Can you demonstrate the accurate steps for solving this financial accounting problem with valid procedures?

I am trying to find the accurate solution to this general accounting problem with the correct explanation.

Sunrise Inc. has provided the following data for the month of October: 1. The balance in the Finished Goods inventory account at the beginning of the month was $85,000 and at the end of the month was $50,300. 2. The cost of goods manufactured for the month was $310,000. 3. The actual manufacturing overhead cost incurred was $74,500 and the manufacturing overhead cost applied to Work in Process was $78,000. 4. The company closes out any underapplied or overapplied manufacturing overhead to the cost of goods sold. The adjusted cost of goods sold that would appear on the income statement for October is ___.