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johndoris johndoris
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2 months ago

Saint Johns Corporation uses a job-order costing system and has provided the following partially completed summary T-accounts for the just completed period:

Work In Process
DebitCredit
Balance22,000Credits534,000
Direct materials85,000
Direct labor161,000
Overhead applied273,000
Balance?
Manufacturing Overhead
DebitCredit
Debits200,000Credits?

Manufacturing overhead for the period was:



▸ $7,000 Underapplied

▸ $73,000 Underapplied

▸ $73,000 Overapplied

▸ $7,000 Overapplied
Textbook 

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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bizmailovabizmailova
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2 months ago
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$73,000 Overapplied

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