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122. Sheffield Corp. incurred direct materials costs of $750000 during the year. Manufacturing overhead applied was $560000 and is applied based on direct labor costs.
122. Sheffield Corp. incurred direct materials costs of $750000 during the year. Manufacturing overhead applied was $560000 and is applied based on direct labor costs. The predetermined overhead rate is 70%. How much are Sheffield Corp.s total manufacturing costs for the year?
$1702000
$2110000
$1310000
$1550000
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