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Carver Test Systems manufactures automated testing equipment.The company uses a job-order costing system and applies overhead on the basis of machine-hours.At the beginning of the year,estimated manufacturing overhead was $1,960,000 and the estimated machine-hours was 98,000.Data regarding several jobs at Carver are presented below.
Ethics
Ethics refers to the moral principles that govern a person's behavior or the conduct of an activity.
Financial Statement
A formal record of the financial activities and position of a business, person, or other entity, presented in a structured manner.
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