During 2019, Bonita Industries expected Job No. 51 to cost $600000 of overhead, $470000 of...
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Accounting
During 2019, Bonita Industries expected Job No. 51 to cost $600000 of overhead, $470000 of materials, and $400000 in labor. Bonita applied overhead based on direct labor cost. Actual production required an overhead cost of $265000, $540000 in materials used, and $190000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?
A. $995000
B. $1330000
C. $1015000
D. $1470000
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