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The Samuelson Company Uses a Job-Order Costing System

Question 7

Multiple Choice

The Samuelson Company uses a job-order costing system.The following data were recorded for June: The Samuelson Company uses a job-order costing system.The following data were recorded for June: Overhead is charged to production at 70% of the direct materials cost.Jobs 475,477,and 478 have been delivered to the customer. Samuelson's Work in Process inventory balance on June 30 was: A) $2,300. B) $2,720. C) $2,860. D) $6,450. Overhead is charged to production at 70% of the direct materials cost.Jobs 475,477,and 478 have been delivered to the customer. Samuelson's Work in Process inventory balance on June 30 was:


A) $2,300.
B) $2,720.
C) $2,860.
D) $6,450.

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