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Dillon Corporation Applies Manufacturing Overhead to Jobs Using a Predetermined

Question 40

Multiple Choice

Dillon Corporation applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost.Any under or overapplied manufacturing overhead cost is closed out to Cost of Goods Sold at the end of the month.During May,the following transactions were recorded by the company: Dillon Corporation applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost.Any under or overapplied manufacturing overhead cost is closed out to Cost of Goods Sold at the end of the month.During May,the following transactions were recorded by the company: The Cost of Goods Manufactured for May was: A) $84,500 B) $95,000 C) $75,500 D) $81,500 The Cost of Goods Manufactured for May was:


A) $84,500
B) $95,000
C) $75,500
D) $81,500

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