How much is the cost of goods sold using the normal costing system? Chapter 5: A Closer look on Cost Accounting additional information: Actual factory overhead Applied Factory overhead Direct Materials Used Cost of Goods Manufactured 1,080,000 1,125,000 1,425,000 3,862,500 a. P3,975,000 b. P3,930,000 c. P3,855,000 d. P3,817,500

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.2E: Identify cost graphs The following cost graphs illustrate various types of cost behavior: For each...
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45. Johnaon Corp. has the following data for the year 2030:
Jamuary 1
225,000
112,500
487,500
December 31
300,000
150,000
375,000
Direct Materials
Work in Process
Finished Goods
Transcribed Image Text:45. Johnaon Corp. has the following data for the year 2030: Jamuary 1 225,000 112,500 487,500 December 31 300,000 150,000 375,000 Direct Materials Work in Process Finished Goods
How much is the cost of goods sold using the normal costing system?
Chapter 5: A Closer look on Cost Accounting
odditional information:
Actual factory overhead
Applied Factory overhead
Direct Materials Used
Cost of Goods Manufactured
1,080,000
1,125,000
1,425,000
3,862,500
a. P3,975,000
b. P3,930,000
c. P3,855,000
d. P3,817,500
Transcribed Image Text:How much is the cost of goods sold using the normal costing system? Chapter 5: A Closer look on Cost Accounting odditional information: Actual factory overhead Applied Factory overhead Direct Materials Used Cost of Goods Manufactured 1,080,000 1,125,000 1,425,000 3,862,500 a. P3,975,000 b. P3,930,000 c. P3,855,000 d. P3,817,500
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