Exercise 4-6 Indirect Method of Determining Cost of Goods Sold [LO4-6] Morrow Corporation had only...
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Exercise 4-6 Indirect Method of Determining Cost of Goods Sold [LO4-6] Morrow Corporation had only one job in process during May- -Job X32Z-and had no finished goods inventory on May 1. Job X32Z was started in April and finished during May. Data concerning that job appear below: S5800 Charged to the job during May Direct labor Manufacturing overhead applied Units completed Units in process at the end of May Units sold during May S 9.100 S 2.800 S 4800 180 In May, overhead was overapplied by $380. The company adjusts its cost of goods sold every month for the amount of the overhead that was Required Using the Indirect method, determine the cost of goods sold for May 0,380 Hints eBook & Resources
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