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Required information PR 3-48 (Algo) Job-Order Costing; Focus on Overhead and...

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Required information PR 3-48 (Algo) Job-Order Costing; Focus on Overhead and Cost Drivers (LO 3-2, 3-4, 3-5, 3-7) [The following information applies to the questions displayed below] Garcia, Incorporated, uses a job-order costing system for its products, which pass from the Machining Department, to the Assembly Department, to finished-goods inventory. The Machining Department is heavily automated, in contrest, the Assembly Department performs a number of manual-assembly activites The company applies manufacturing overthead using machine hours in the Machining Department and direct-labor cost in the Assembly Department. The following information relates to the year just ended The data that follow pertain to job number 775 , the only job in production at year-end Selling and administrative expense amounted to $2,500,000 R 3-48 (Algo) Part 2 Compute the cost of the company's year-end work-in-process inventory. Compute the cost of the company's year-end work-in-process inventory

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