Sawyer Company had the following information for the year: Sawyer Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours.Assume the only inventory balance is an ending Finished Goods Inventory balance of $9,000.What was adjusted cost of goods sold?

Question

Sawyer Company had the following information for the year:  Sawyer Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours.Assume the only inventory balance is an ending Finished Goods Inventory balance of $9,000.What was adjusted cost of goods sold?

Quizplus · Accepted Answer

The Answer of Sawyer Company had the following information for the year:  Sawyer Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours.Assume the only inventory balance is an ending Finished Goods Inventory balance of $9,000.What was adjusted cost of goods sold?

Sawyer Company Had the Following Information for the Year