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Chung Corporation Uses a Job Order Costing System

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Chung Corporation uses a job order costing system.Five jobs were worked on during the current year.The predetermined overhead rate is 20% of direct labor costs.The following cost information is available (all materials and time ticket information applies to direct costs):
Chung Corporation uses a job order costing system.Five jobs were worked on during the current year.The predetermined overhead rate is 20% of direct labor costs.The following cost information is available (all materials and time ticket information applies to direct costs): Part 1-Complete job cost sheets for each job. Part 2-Identify the amounts of each of the following accounts at the end of the period a.Work in Process________ b.Finished Goods________ c.Cost of Goods Sold________ Part 1-Complete job cost sheets for each job.
Chung Corporation uses a job order costing system.Five jobs were worked on during the current year.The predetermined overhead rate is 20% of direct labor costs.The following cost information is available (all materials and time ticket information applies to direct costs): Part 1-Complete job cost sheets for each job. Part 2-Identify the amounts of each of the following accounts at the end of the period a.Work in Process________ b.Finished Goods________ c.Cost of Goods Sold________
Chung Corporation uses a job order costing system.Five jobs were worked on during the current year.The predetermined overhead rate is 20% of direct labor costs.The following cost information is available (all materials and time ticket information applies to direct costs): Part 1-Complete job cost sheets for each job. Part 2-Identify the amounts of each of the following accounts at the end of the period a.Work in Process________ b.Finished Goods________ c.Cost of Goods Sold________ Part 2-Identify the amounts of each of the following accounts at the end of the period
a.Work in Process________
b.Finished Goods________
c.Cost of Goods Sold________

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