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Author Question: River Falls Manufacturing uses a normal cost system and had the following data available for 2018: ... (Read 35 times)

sammy

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on: Mar 6, 2021
River Falls Manufacturing uses a normal cost system and had the following data available for 2018:

Direct materials purchased on account$145,000
Direct materials requisitioned82,000
Direct labor cost incurred127,000
Factory overhead incurred140,000
Cost of goods completed288,000
Cost of goods sold248,000
Beginning direct materials inventory25,000
Beginning WIP inventory63,000
Beginning finished goods inventory53,000
Overhead application rate, as a percent of direct-labor costs125 percent
The ending balance of finished goods inventory is ________.
◦ $53,000
◦ $40,000
◦ $93,000
◦ $288,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by sammy on Mar 6, 2021

kswal303

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sammy

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

T4T

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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