During 2017 Tanner Manufacturing Expected Job No

question 116

Multiple Choice

During 2017 Tanner Manufacturing expected Job No. 26 to cost $300000 of overhead $500000 of materials and $200000 in labor. Tanner applied overhead based on direct labor cost. Actual production required an overhead cost of $290000 $550000 in materials used and $220000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?

• A) $1000000
• B) $1060000
• C) $1070000
• D) $1100000

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