Work in process in t account debit materials 15500 direct, Ask an Expert

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Work in process in t account debit materials 15500, direct labor 14750, factory 11600 and credit finished goods 37500 materials charged to the one job still in process amounted to 3200. Factory overhead is applied as a predetermined percentage of direct labor cost and compute the:

1)the amount of direct labor cost in finished goods

2) the amount of factory factory overhead in finished goods....

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M987953

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