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Smith Company Reports the Following Information: Factory Overhead Is

Question 98

Multiple Choice

Smith Company reports the following information: Smith Company reports the following information: Factory overhead is 75% of the cost of direct labor. Work in process inventory on December 31 is A) $16,250 B) $8,500 C) $18,750 D) $13,500 Factory overhead is 75% of the cost of direct labor. Work in process inventory on December 31 is


A) $16,250
B) $8,500
C) $18,750
D) $13,500

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