During 2020 Caruba Manufacturing expected Job 25 to cost $75,000 of overhead, $130,000 of material, and $25,000 in labour.Caruba applied overhead based on direct labour cost.Actual production required an overhead cost of $80,000, $140,000 in materials used; and $20,000 in labour.All of the goods were completed.What amount was transferred to Finished Goods?

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The Answer of During 2020 Caruba Manufacturing expected Job 25 to cost $75,000 of overhead, $130,000 of material, and $25,000 in labour.Caruba applied overhead based on direct labour cost.Actual production required an overhead cost of $80,000, $140,000 in materials used; and $20,000 in labour.All of the goods were completed.What amount was transferred to Finished Goods?

During 2020 Caruba Manufacturing Expected Job 25 to Cost $75,000