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#3 Sturgis Manufacturing produces one model of precision tool and accounts for costs using a job cost system. Information from the most recent fiscal year
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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 \$2,578,400 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 applled to work in process at 250 percent of direct materials dollars. Required: Compute actual direct materlals used, actual direct labor, and applied manufacturing overheadStep by Step Solution
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