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Canmore Company Has the Following Data Pertaining to 2016

Question 139

Multiple Choice

Canmore Company has the following data pertaining to 2016: Canmore Company has the following data pertaining to 2016: Factory overhead rate is 125 percent of direct labor costs. What is the ending materials inventory balance for Canmore in 2016? A) $50,000 B) $62,500 C) $12,500 D) $37,500 Factory overhead rate is 125 percent of direct labor costs.
What is the ending materials inventory balance for Canmore in 2016?


A) $50,000
B) $62,500
C) $12,500
D) $37,500

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