Determining labor and factory overhead costs LO_6,7 The general ledger of Park Place Products, Inc. contains the following control account:

If the materials charged to the one uncompleted job still in process amounted to $3,400, what amount of labor and factory overhead must have been charged to the job if the factory overhead rate is 100% of direct labor cost?

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Work in Process Materials 15,000 Labor 16,000 Factory overhead 16,000 Finished goods 40,000