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The overhead allocation rate in Franz Company's job order cost accounting system applies overhead based on direct labor costs. The manufacturing costs for the current year were: direct materials, $108,000; direct labor, $144,000; and factory overhead, $18,000. At year end, the total cost of goods in process is 36,000 which includes 12,000 of direct labor cost.What amount of direct material cost is included in the ending goods in process inventory?
The January 1, 2010, general ledger account balances are shown in the following accounting equation. Record the eight events in the appropriate general ledger accounts.
bravo baking uses standard costing to analyze its performance.the data below is provided for your use in determining
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write a short essay between 400 and 500 words responding to the assignment below. you are expected to use the textbook
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In the Clark Company, sales were $480,000, sales returns and allowances were $30,000, and cost of goods sold was $288,000. The gross profit rate was
lund company applies manufacturing overhead to jobs using a predetermined overhead rate of 70 of direct labor cost. any
hours worked, 46; federal income tax withheld, $354; cumulative earnings for year prior to current week, $95,735; social security tax rate, 6.0% on maximum of $111,091; and Medicare tax rate, 1.5% on all earnings. What is the net amount to be paid..
how would the following be journalized?management team met their bonus goals this month something they havent done
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