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1-17 The following data have been recorded for recently completed Job 323 on its job cost sheet. Direct materials cost was $2,260. A total of
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The following data have been recorded for recently completed Job 323 on its job cost sheet. Direct materials cost was $2,260. A total of 37 direct labor-hours and 141 machine-hours were worked on the job. The direct labor wage rate is $13 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 per machine-hour. The total cost for the job on its job cost sheet would be: $3.259 $2,741 $4,715 $2,287Step by Step Solution
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