Author Question: Bradley Company uses a job cost system. Manufacturing overhead has been overapplied by $4,200 for ... (Read 80 times)

bobypop · **on:** Jan 4, 2020

Bradley Company uses a job cost system. Manufacturing overhead has been overapplied by $4,200 for the year. Actual overhead incurred was $96,000. Other balances are:

Raw materials inventory at end of year	$12,000
Work in process inventory at end of year	$31,500
Finished goods inventory at end of year	$41,500
Unadjusted cost of goods sold for the year	$280,000

What will be adjusted cost of goods sold after closing manufacturing overhead?
◦ $275,800
◦ $284,200
◦ $225,500
◦ $242,700

mammy1697 · **Reply #1 on:** Jan 4, 2020

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