Mehboob Inc. has provided the following data for the month of April. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work in Cost of Goods Finished Goods Total Process Sold Manufacturing overhead for the month was overapplied by Rs. 6,000. Direct materials 5,640 7,540 72,460 85,640 The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts Direct labor 5,430 13,780 80,220 99,430 Manufacturing overhead applied 4,990 8,400 56,700 70,000 Total 16,060 29,720 209,380 255,070 The cost of goods sold for April after allocation of overapplied manufacturing is?

Mehboob Inc. has provided the following data for the month of April. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work in Cost of Goods Finished Goods Total Process Sold Manufacturing overhead for the month was overapplied by Rs. 6,000. Direct materials 5,640 7,540 72,460 85,640 The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts Direct labor 5,430 13,780 80,220 99,430 Manufacturing overhead applied 4,990 8,400 56,700 70,000 Total 16,060 29,720 209,380 255,070 The cost of goods sold for April after allocation of overapplied manufacturing is?

Name: Mehboob Inc. has provided the following data for the month of April.
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Description: Mehboob Inc. has provided the following data for the month of April. There were no beginning inventories; consequently, the direct materials, direct labor, andmanufacturing overhead applied listed below are all for the current month.Work inCost of G

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter26: Manufacturing Accounting: The Job Order Cost System

Section: Chapter Questions

Problem 1CP

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