Canmore Company Has the Following Data Pertaining to 2014

question 130

Multiple Choice

Canmore Company has the following data pertaining to 2014: Factory overhead rate is 125 percent of direct labor costs.
What is the ending materials inventory balance for Canmore in 2014?

• A) $50,000
• B) $62,500
• C) $12,500
• D) $37,500

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