Cme company used a predetermined overhead rate of 41 per

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Acme Company had the following information for the year:

  Direct materials used $118,000
  Direct labor incurred (6,100 hours) $156,100
  Actual manufacturing overhead incurred $242,000

Acme Company used a predetermined overhead rate of $41 per direct labor hour for the year. Assume the only inventory balance is an ending Work in Process Inventory balance of $17,700. What was adjusted cost of goods sold?

Reference no: EM13579920

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