A company incurred the following manufacturing costs this period: direct labor, $234,000; direct materials, $292,000; and factory

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A company incurred the following manufacturing costs this period: direct labor, $234,000; direct materials, $292,000; and factory overhead, $58,500. Compute its overhead cost as a percent of
(1) Direct labor and
(2) Direct materials.

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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Question Posted: May 17, 2012 05:13 AM

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A company incurred the following manufacturing costs this period: direct labor, $234,000; direct materials, $292,000; and factory

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Managerial Accounting

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