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Chavez Corporation Reported the Following Data for the Month of July

Question 301

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Chavez Corporation reported the following data for the month of July: Inventories: Chavez Corporation reported the following data for the month of July: Inventories: Additional information: Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.The adjusted cost of goods sold that appears on the income statement for July is: A) $218,000 B) $188,000 C) $203,000 D) $189,000 Additional information:
Chavez Corporation reported the following data for the month of July: Inventories: Additional information: Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.The adjusted cost of goods sold that appears on the income statement for July is: A) $218,000 B) $188,000 C) $203,000 D) $189,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.The adjusted cost of goods sold that appears on the income statement for July is:


A) $218,000
B) $188,000
C) $203,000
D) $189,000

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