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Bryant Company designs and builds fancy dining room tables for individual customers. On July 1, there were two jobs in process: Job 391 with a beginning balance of 21,700 dollars and Job 392 with a beginning balance of 8,790 dollars. Overhead costs are applied by using a rate of 70% of direct labor costs. Both jobs are unfinished on July 31. Data on July costs for both jobs are as follows:Job 391 Job 392Direct materials 5,100 dollars 9,200 dollars.Direct Labor cost 2,700 dollars 11,00 dollars What is the total of the Work in Process Account at July 31?
All of the following statements regarding a horizontal analysis are true except:
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dale company which applies overhead at the rate of 190 of direct labor cost began work on job no. 101 during june. the
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conan companys monthly activity level ranged from a low of 17000 units in may to a high of 26000 units in october.
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