A given finished item requires $50 of direct materials and 5 hours of direct labor at $8

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A given finished item requires $50 of direct materials and 5 hours of direct labor at $8 per hour. The overhead rate is $4 per direct labor hour. At what amount would the finished item be shown in inventory?

$ [5 $ 1 $ 1 $ ]

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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