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Ending Work in Process for Hands on Carpentry Was $64,000

Question 50

Multiple Choice

Ending work in process for Hands On Carpentry was $64,000 for January.Direct labour and direct materials for the month had a combined total of $39,000.Direct labour was twice as much as direct materials.The overhead rate is 70% of direct labour.No jobs were finished during the month.What was the beginning work in process?


A) $0
B) $4,250
C) $6,800
D) $15,250

Correct Answer:

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