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Job Costs Using a Plantwide Overhead Rate Naranjo Company designs industrial prototypes for outside companies. Budgeted overhRequired: 1. Calculate the balance in Work in Process as of June 30. $ 46,318 7 2. Calculate the balance in Finished Goods as

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Answer #1

Calculate balance in Finished goods

Job 40
Beginning balance 34600
Direct material 21400
Direct labor 18000
Overhead (18000/25*13) 9360
Total 83360
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