Tusa 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 adjusted Cost of Goods Sold for the year is:
A) $1,518,000
B) $1,506,500
C) $1,642,000
D) $1,529,500

Question

Tusa 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 adjusted Cost of Goods Sold for the year is:
A) $1,518,000 
B) $1,506,500 
C) $1,642,000 
D) $1,529,500

Quizplus · Accepted Answer

The Answer of Tusa 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 adjusted Cost of Goods Sold for the year is:
A) $1,518,000 
B) $1,506,500 
C) $1,642,000 
D) $1,529,500

Tusa Corporation Is a Manufacturer That Uses Job-Order Costing