Tevebaugh Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year:
Results of operations:

-The cost of goods available for sale is:
A) $1,376,000
B) $1,567,000
C) $1,769,750
D) $1,597,000

Question

Tevebaugh Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year:
  Results of operations:
 
-The cost of goods available for sale is:
A) $1,376,000 
B) $1,567,000 
C) $1,769,750 
D) $1,597,000

Quizplus · Accepted Answer

11ea7761_18f0_0f14_81a5_554ed1ea90a9_TB2580_00

Tevebaugh Corporation Is a Manufacturer That Uses Job-Order Costing