GTGrind Manufacturing company, a manufacturer of custom-madedrones, uses a job order cost system to accumulate costs in itsmanufacturing plant. The company allocates manufacturing overheadon the basis of direct labour hours. The business expects to incur$ 3,500,000 of manufacturing costs during the year and to use2,000,000 direct labour hours. The company's inventory balances onApril 1, 2022 ( the start of its fiscal year), were as follows:
During the year, the following transactions were completed:
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GTGrind Manufacturing company, a manufacturer of custom-made drones, uses a job order cost system to accumulate costs in
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