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A corporation uses a job-order costing system with a single plantwide predetermined overhead rate basec on direct labor-hours. The company based its predetermined overhead rate
A corporation uses a job-order costing system with a single plantwide predetermined overhead rate basec on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $90,000, variable manufacturing overhead of $3.50 per direct labor. hour, and 30,000 direct labor-hours. The company has provided the following data concerning Job B612 which was recently completed: The amount of overhead applied to Job B612 is closest to
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