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Murray Industries applies manufacturing overhead to its cost objects on the basis of 75% of direct material cost. If Job 37A had $96,000 of manufacturing overhead applied to it during July, the direct materials assigned to Job 37A was: A. $72,000 B. $96,000 C. $128,000 D. $144,000

Arden Manufacturing uses a process costing system. Beginning inventory for June consisted of 2,400 units that were 55% completed. 14,500 units were started during June. On June 30, the inventory consisted of 1,200 units that were 40% completed. How many units were completed during the period?

The total assets are?

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How does reciprocal accounting differ from standard intercompany accounting? a. Mutual transactions simultaneously affect both entities' records b. One entity records the transaction first c. Transactions are recorded at year-end only d. Each entity keeps independent records