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On April 1 Sangvikar Company Had The Following Balances in
On April 1 Sangvikar Company Had The Following Balances in
balances in
On April 1 Sangvikar Company had the following balances in
On April 1, Sangvikar Company had the following balances in its inventory accounts:
b. Materials requisitioned: Job 114, $16,500; Job 115, $12,200; and Job 116, $5,000.
c. Job tickets were collected and summarized: Job 114, 150 hours at $12 per hour; Job 115,
220 hours at $14 per hour; and Job 116, 80 hours at $18 per hour.
f. Job 115 was completed and transferred to the finished goods warehouse.
g. Job 115 was shipped, and the customer was billed for 125 percent of the cost.
Required:
ANSWER
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