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theferpectstudent theferpectstudent
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A year ago

The Tse Manufacturing Corporation uses a job-order costing system and applies overhead to jobs using a predetermined overhead rate. The company closes any balance in the Manufacturing Overhead account to Cost of Goods Sold. During the year the company's Finished Goods inventory account was debited for $125,000 and credited for $110,000. The ending balance in the Finished Goods inventory account was $28,000. At the end of the year, manufacturing overhead was overapplied by $4,500.

If the estimated manufacturing overhead for the year was $24,000, and the applied overhead was $26,500, the actual manufacturing overhead cost for the year was:



▸ $19,500

▸ $22,000

▸ $28,500

▸ $31,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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schmienceschmience
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A year ago
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theferpectstudent Author
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A year ago
Helped a lot
Ctownsend
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
mcraver1
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2 hours ago
Smart ... Thanks!
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