Business, 07.03.2020 02:24 herchellann302

The Work-in-Process inventory account of a manufacturing firm shows a balance of $4,620 at the end of an accounting period. The job cost sheets of two uncompleted jobs show charges of $610 and $410 for materials, and charges of $700 and $900 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of:

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