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    Cornerstones of Managerial Accounting
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    In June, Olympic Company Purchased Materials Costing $38,000, and Incurred
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In June, Olympic Company Purchased Materials Costing $38,000, and Incurred

Question 122

Question 122

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In June, Olympic Company purchased materials costing $38,000, and incurred direct labor cost of $42,000. Overhead totaled $27,000 for the month. Information on inventories was as follows.
In June, Olympic Company purchased materials costing $38,000, and incurred direct labor cost of $42,000. Overhead totaled $27,000 for the month. Information on inventories was as follows.    Required:   Required:
In June, Olympic Company purchased materials costing $38,000, and incurred direct labor cost of $42,000. Overhead totaled $27,000 for the month. Information on inventories was as follows.    Required:

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