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Business, 08.03.2021 19:30 mjasmine3280

Bennington Company applies manufacturing overhead by using a predetermined rate of 150% of direct labor cost. The data that follow pertain to job no. 831: Direct material cost$72,000 Direct labor cost 38,000 If Bennington adds a 30% 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 of job no. 831?
A) Accounts Recievable 167,000
B) Accounts Recievable 217,100
C) Finnished Goods Inventory 167,000
D) Finnished Goods Inventory 217,100
E) Sales Revenue 217,100
And why?

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