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A company has the following transactions during the week. Purchase of $2,800 of raw materials, one fourth of which was assigned to Job 7 10
A company has the following transactions during the week.
Purchase of $2,800 of raw materials, one fourth of which was assigned to Job 7
10 labor hours at $300 per hour are assigned to Job 7
Factory depreciation of $1,750
Overhead applied at the predetermined rate of $200 per labor hour
What is the cost assigned to Job 7 at the end of the week?
NOTE: Enter numbers rounded to the nearest whole dollar.
A company has the following transactions during the week. - Purchase of $2,800 of raw materials, one fourth of which was assigned to Job 7 - 10 labor hours at $300 per hour are assigned to Job 7 - Factory depreciation of $1,750 - Overhead applied at the predetermined rate of $200 per labor hour What is the cost assigned to Job 7 at the end of the week? NOTE: Enter numbers rounded to the nearest whole dollarStep by Step Solution
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