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Bennington Company applies manufacturing overhead by using a predetermined rate of 120% of direct labor...

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Accounting

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Bennington Company applies manufacturing overhead by using a predetermined rate of 120% of direct labor cost. The data that follow pertain to job no. 831: Direct material cost $83,000 Direct labor cost 41,000 If Bennington adds a 20% markup on total cost to generate a profit, which of the following choices depicts a portion of the accounting needed to record the credit sale ofjob no. 831? Account Debited Amount A. Accounts Receivable $173,200 $207,840 $173,200 B. Accounts Receivable C. Finished-Goods Inventory D. Finished-Goods Inventory E. Sales Revenue $207,840 $207,840 Multiple Choice Choice A Choice B Choice C Choice D Choice E

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