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Wood Company has beginning work in process inventory of $138,000 and total manufacturing costs of $477,000. If cost of goods manufactured is $480,000, what is the cost of the ending work in process inventory?

In resolving an ethical conflict, which of the following would NEVER be appropriate?

Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period:

Which one of the following is not considered as material costs?

The following information was available about supplies cost for the second quarter of the year:  Month Production Volume Supplies Cost July   700 $3,185  August 1,600 7,100 September   600 2,700 ​ Using the high-low method, the estimate of supplies cost at 1,000 units of production is

When normal costing is used, actual overhead costs are

The _____ system is an integrated system capable of providing access to real-time data from the various functional areas of a company. 

Manufacturing costs include

The following information is available for electricity costs for the last six months of the year: ​ Month Production Volume Electricity Costs January 1,400 $2,200 February 2,800 5,400 March 3,200 5,700 April 1,750 3,900 May 1,200 2,400 June 2,100 4,050 ​ Using the high low method, what are the estimated fixed costs?

Worth Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufactured, $866,000; beginning finished goods inventory, $252,000; ending work in process inventory, $220,000; and ending finished goods inventory, $264,000. Worth Company’s cost of goods sold for the year is