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Question - "BBA Limited ('BBA') reported below at as the current year-end date: Property, plant and equipment (net) $80,000; Cash and cash equivalents $20,000; Depreciation expense $10,000; Unearned revenue $25,000; and Inventory $10,000." How much current assets shall be presented in the Statement of Financial Position for BBA at the end of the year?
A. $25,000
B. $110,000
C. $5,000
D. $30,000
During March, 12,000 hours were actually worked. Use this information to determine the amount of overhead over or under applied
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