Under eagle co.'s job order costing system, manufacturing overhead is applied to work-in-process using a predetermined annual overhead rate. during february, eagle's transactions included the following:
direct materials issued to production
$
96,000
indirect materials issued to production
14,000
manufacturing overhead incurred
131,000
manufacturing overhead applied
119,000
direct labor costs
113,000
eagle had neither beginning nor ending inventory in work-in-process inventory. what was the cost of jobs completed in february? (cpa adapted)
a. 340,000
b. 328,000
Answers: 1
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Under eagle co.'s job order costing system, manufacturing overhead is applied to work-in-process usi...
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