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Calculate the cost of goods sold account

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Question - The following information relates to Wells Fargo for July 2008: Actual direct labour costs $80,000 Actual direct labour rate per hour $8 Factory overhead rate per direct labour hour $12 Factory overhead incurred $160,000 Assuming underapplied or overapplied overhead is transferred to cost of goods sold at the end of the period, calculate the cost of goods sold account.

Reference no: EM132533575

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