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a) Cardinal Design is an interior design firm. The firm uses a job cost system in which each client is a different?job. Cardinal Design traces
a)
Cardinal Design is an interior design firm. The firm uses a job cost system in which each client is a different?"job." Cardinal Design traces direct?labor, licensing?costs, and travel costs directly to each job?(client). It allocates indirect costs to jobs based on a predetermined indirect cost allocation rate computed as a percentage of direct labor costs.
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