Ask Question
29 May, 05:31

The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8,000.

- Raw Materials Inventory $40,000

- Finished Goods Inventory 60,000

- Work in Process Inventory 100,000

- Cost of Goods Sold 730,000

Compute what amount Burke will report as cost of goods sold after it disposes of its overapplied overhead. Cost of goods sold $

+1
Answers (1)
  1. 29 May, 09:02
    0
    Answer:$722,000

    Explanation:

    The over applied overhead of $8000 is deducted from cost of goods sold of $730,000.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8,000. - Raw ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers