The work in process inventory account of a manufacturing

Reference no: EM13589326

The Work in Process inventory account of a manufacturing firm shows a balance of $7,800 at the end of an accounting period. The job cost sheets of two uncompleted jobs show charges of $900 and $720 for materials, and charges of $540 and $1,080 for direct labor. From this information, it appears that the company is using a predetermined overhead rate?

Reference no: EM13589326

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