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maportil maportil
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A year ago

Cai Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year.

Raw Materials
DebitCredit
Balance 1/117,000Credits?
Debits97,000
Balance 12/3130,000
Work In Process
DebitCredit
Balance 1/119,000Credits506,000
Direct materials74,000
Direct labor13,000
Overhead applied257,000
Balance 12/31?

The cost of indirect materials requisitioned for use in production during the year was:



▸ $74,000

▸ $10,000

▸ $40,000

▸ $13,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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tpriest1tpriest1
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A year ago
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