Carley products has no work in progress or finished goods at year end. The balances of Carley's accounts include the following.  Cost of good sold    $2,040,000 General and admin expenses    900,000 Sales    3,600,000 Manufacturing overhead control    700,000 Manufacturing overhead applied    648,000   Carley's pretax income for the year is...   A. 608,000 B. 660,000 C. 712,000 D. 1,5087,000

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 18P: Phillips Products, Inc. had a remaining credit balance of $10,000 in its under- and overapplied...
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Carley products has no work in progress or finished goods at year end. The balances of Carley's accounts include the following. 

Cost of good sold    $2,040,000

General and admin expenses    900,000

Sales    3,600,000

Manufacturing overhead control    700,000

Manufacturing overhead applied    648,000

 

Carley's pretax income for the year is...

 

A. 608,000

B. 660,000

C. 712,000

D. 1,5087,000

 

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