Tramell Inc.uses a job-order costing system in which any underapplied or overapplied overhead is closed out to cost of goods sold at the end of the month.The company has provided the following data for June:
The cost of goods sold that appears on the income statement for June and that has been adjusted for any underapplied or overapplied overhead is closest to:
A) $130, 000
B) $145, 000
C) $135, 000
D) $120, 000
Correct Answer:
Verified
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