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Hiraki Inc

Question 44

Multiple Choice

Hiraki Inc.uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of the month.In March the company completed job B36H that consisted of 29,000 units of one of the company's standard products.No other jobs were in process during the month.The job cost sheet for job B36H shows the following costs: Hiraki Inc.uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of the month.In March the company completed job B36H that consisted of 29,000 units of one of the company's standard products.No other jobs were in process during the month.The job cost sheet for job B36H shows the following costs:   During the month,the actual manufacturing overhead cost incurred was $330,600 and 16,000 completed units from job B36H were sold.No other products were sold during the month.The unadjusted cost of goods sold (in other words,the cost of goods sold BEFORE adjustment for any underapplied or overapplied overhead)  for March is closest to: A) $1,441,300 B) $828,800 C) $820,800 D) $1,502,200 During the month,the actual manufacturing overhead cost incurred was $330,600 and 16,000 completed units from job B36H were sold.No other products were sold during the month.The unadjusted cost of goods sold (in other words,the cost of goods sold BEFORE adjustment for any underapplied or overapplied overhead) for March is closest to:


A) $1,441,300
B) $828,800
C) $820,800
D) $1,502,200

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