FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Rohan Outfitters manufacturers durable work clothes and boots. During the month of June they worked on the following three jobs:
Job A | Job B | Job C | |
Beginning balance | $46,830 | $189,515 | $16,487 |
Direct materials | $16,843 | $13,541 | $19,846 |
Direct labor | $185,961 | $64,891 | $168,543 |
Applied manufacturing |
$89,652 | $78,943 | $98,462 |
Ending balance | $339,286 | $346,890 | $303,338 |
The status of each Job at the end of the month is, as follows: Job A remained in process, Job B was completed but unsold, Job C was sold. The manufacturing overhead reported for each job was applied using an ABC allocation method. The actual
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