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Saint Johns Corporation uses a job-order costing system and has provided the following partially ...

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Saint Johns Corporation uses a job-order costing system and has provided the following partially ...

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
Debit		Credit
Balance	22,000	Credits	534,000
Direct materials	85,000
Direct labor	161,000
Overhead applied	273,000
Balance	?

Manufacturing Overhead
Debit		Credit
Debits	200,000	Credits	?

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: 9^th

Authors: Brewer, Garrison, Noreen

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