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Business, 14.11.2019 20:31 ayoismeisalex
The work in process inventory account of a manufacturing corporation shows a balance of $2,400 at the end of an accounting period. the job cost sheets of the two uncompleted jobs show charges of $400 and $200 for materials, and charges of $300 and $500 for direct labor. from this information, it appears that the corporation is using a predetermined overhead rate, as a percentage of direct labor costs, of: 240% 80% 300% 125%
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