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Business, 23.09.2019 20:00 georgesk2030
The work in process inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $6,048 debit balance after all posting is completed. the cost sheet of the one job still in process shows direct material cost of $2,400 and direct labor cost of $1,200. therefore, the company's overhead application rate is:
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