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Business, 06.04.2021 01:00 blxxmgrxcie

Margin Call, Inc., which uses a job-costing system, is a labor-intensive firm, with many skilled craftspeople on the payroll. Job no. 789 was the only job in process on January 1, having costs of $22,500 as of that date. Direct materials used and direct labor incurred during January were: Job No. Direct Materials Direct Labor 789 $2,000 $6,000 790 9,000 10,000 791 14,000 8,000 Job no. 791 was the only job in production as of January 31. Questions: (A) Should Margin Call use direct labor or machine hours as a cost driver. Why

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Margin Call, Inc., which uses a job-costing system, is a labor-intensive firm, with many skilled cra...
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