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Business, 01.03.2021 23:50 yselahernandez02

g The Work in Process Inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $4,400 debit balance after all posting is completed. The cost sheet of the one job still in process shows direct material cost of $2,000 and direct labor cost of $800. Therefore, the company's overhead application rate is: Group of answer choices 200% of direct labor cost. 50% of direct labor cost. 80% of direct labor cost. 40% of direct labor cost. 300% of direct labor cost.

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