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2 15 points Skipped eBook Print References Exercise 7-31 (Algo) Predetermined Overhead Rates (LO 7-2) Sturgis Manufacturing produces one model of precision tool and
2 15 points Skipped eBook Print References Exercise 7-31 (Algo) Predetermined Overhead Rates (LO 7-2) Sturgis Manufacturing produces one model of precision tool and accounts for costs using a job cost system. Information from the most recent fiscal year indicates the following: Total manufacturing cost during the year was $2,578,625 based on actual direct materials, actual direct labor, and applied, manufacturing overhead. Of this amount, 40 percent was comprised of direct costs. Manufacturing overhead was applied to work in process at 250 percent of direct materials dollars Required: Compute actual direct materials used, actual direct labor, and applied manufacturing overhead. Direct materials used Direct labor i Manufacturing overhead applied
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