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Business, 11.02.2022 16:20 spaigenicole

K Inc. has provided the following data for the month of May: Inventories:

Beginning Ending
Work in process $ 31,000 $ 26,000
Finished goods $ 60,000 $ 64,000

Additional information:

Direct materials $ 71,000
Direct labor cost $ 101,000
Manufacturing overhead cost incurred $ 77,000
Manufacturing overhead cost applied to Work in Process $ 75,000

Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

The cost of goods manufactured for May is:


K Inc. has provided the following data for the month of May:

Inventories:
Beginning Ending
Work i

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Answers: 2

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K Inc. has provided the following data for the month of May: Inventories:

Beginning En...

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