INTERMEDIATE ACCOUNTING 17E - UNC CHARL
17th Edition
ISBN: 9781119631828
Author: Kieso
Publisher: WILEY
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Gayle Industries applies overhead costs to jobs based on direct labor cost. Job X, which was started and completed during the current period, shows charges of $7,400 for direct materials, $12,000 for direct labor, and $7,800 for overhead on its job cost sheet. Job X2, which is still in process at year-end, shows charges of $4,100 for direct materials and $7,500 for direct labor.
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