Solved

During 2013, Tanner Manufacturing Expected Job No

Question 104

Multiple Choice

During 2013, Tanner Manufacturing expected Job No.26 to cost $300,000 of overhead, $500,000 of materials, and $200,000 in labor.Tanner applied overhead based on direct labor cost.Actual production required an overhead cost of $280,000, $550,000 in materials used, and $210,000 in labor.All of the goods were completed.What amount was transferred to Finished Goods?


A) $1,000,000
B) $1,040,000
C) $1,060,000
D) $1,075,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents