This is the homework question: During 2008, Lawson Manufacturing expected Job No. 26 to cost $600,000 of overhead, $1,000,000 of materials, and $400,000 in labor. Lawson applied overhead based on direct labor cost. Actual production required an overhead cost of $560,000, $1,100,000 in materials used, and $440,000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?© BrainMass Inc. brainmass.com June 4, 2020, 12:17 am ad1c9bdddf
The solution determines what amount goes to Finished Goods.