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Accounting

Big Wave Company manufactures surf boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized for July:

In addition, the following information is available:

Materials and direct labor were applied to six jobs in July:

Factory overhead is applied to each job at a rate of 160% of direct labor cost. The July 1 Work in Process balance consisted of two jobs, as follows:

Customer jobs completed and units sold in July were as follows:

1. Determine the missing amounts associated with each letter and complete the following table. If required, round amounts to the nearest dollar. If an amount is zero, enter in "0".

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9435890

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