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    Managerial Accounting Study Set 23
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    Exam 3: Job-Order Costing: Cost Flows and External Reporting
  5. Question
    Leelanau Corporation Uses a Job-Order Costing System
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Leelanau Corporation Uses a Job-Order Costing System

Question 55

Question 55

Multiple Choice

Leelanau Corporation uses a job-order costing system. The following data are for last year: Leelanau Corporation uses a job-order costing system. The following data are for last year:   Leelanau applies overhead using a predetermined rate. What amount of overhead was applied to work in process last year? A)  $138,500 B)  $121,500 C)  $130,000 D)  $203,500 Leelanau applies overhead using a predetermined rate. What amount of overhead was applied to work in process last year?


A) $138,500
B) $121,500
C) $130,000
D) $203,500

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