Question
A task is expected to take 20 hours of labor at $25 per hour (direct cost). The required material cost is $500. The organization adds
A task is expected to take 20 hours of labor at $25 per hour (direct cost). The required material cost is $500. The organization adds a burden of 30% to all direct labor costs to account for overhead. It does not add any burden on top of material costs. What is the total task cost?
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
2nd Canadian Edition
0176707123, 978-0176707125
