On July 1, Job 88 had a beginning balance of $710. During July, prime costs added to
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1. What was overhead applied to the job during July?
2. What was direct materials for Job 88 for July? Direct labor?
3. Assuming that overhead is applied on the basis of direct labor cost, what is the overhead rate for the company?
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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