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Reedy Company Reports the Following Information for 2012: Factory

Question 16

Multiple Choice

Reedy Company reports the following information for 2012: Reedy Company reports the following information for 2012: Factory overhead is 75% of the cost of direct labor. Work in process inventory on December 31, 2012, is: A) $16,250 B) $8,500 C) $18,750 D) $13,500 Factory overhead is 75% of the cost of direct labor. Work in process inventory on December 31, 2012, is:


A) $16,250
B) $8,500
C) $18,750
D) $13,500

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