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Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is...

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Accounting

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Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of the month. In July the company completed job F21X that consisted of 9,750 units of one of the company's standard products. No other jobs were in process during the month. The job cost sheet for job F21X shows the following costs Direct materials Direct labor cost Manufacturing overhead cost applied $42.900 $339,300 153,075 $194,025 During the month, the actual manufacturing overhead cost incurred was $192,075 and 6,500 completed units from job F21X were sold. No other products were sold during the month. The unadjusted cost of goods sold (n other words, the cost of goods sold BEFORE adjustment for any underapplied or overapplied overhead) for July is closest to: O $729.300 O $686,400 O $486.20o O $483.400 Multiple Choice TB MC Qu. 04-67 Zander Inc

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