Consider the following information for June: Work-in- Raw Process Finished Material (WIP) Goods Beginning inventory $ 60,000 $ 24,000 $ 60,000 Ending inventory $ 90,000 $ 45,000 $ 80,000 Other...

Consider the following information for June:<br>Work-in-<br>Raw<br>Process<br>Finished<br>Material<br>(WIP)<br>Goods<br>Beginning inventory<br>$<br>60,000 $<br>24,000 $<br>60,000<br>Ending inventory<br>$<br>90,000 $<br>45,000 $<br>80,000<br>Other information:<br>Net income (after adjustment)<br>$<br>779,000<br>Purchases<br>$<br>600,000<br>Cost of goods sold (before adjustment) $ 1,420,000<br>Sales<br>$ 2,800,000<br>Direct labor<br>$<br>95,000<br>Compute APPLIED manufacturing overhead.<br>

Extracted text: Consider the following information for June: Work-in- Raw Process Finished Material (WIP) Goods Beginning inventory $ 60,000 $ 24,000 $ 60,000 Ending inventory $ 90,000 $ 45,000 $ 80,000 Other information: Net income (after adjustment) $ 779,000 Purchases $ 600,000 Cost of goods sold (before adjustment) $ 1,420,000 Sales $ 2,800,000 Direct labor $ 95,000 Compute APPLIED manufacturing overhead.

Jun 02, 2022

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Consider the following information for June: Work-in- Raw Process Finished Material (WIP) Goods Beginning inventory $ 60,000 $ 24,000 $ 60,000 Ending inventory $ 90,000 $ 45,000 $ 80,000 Other...

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