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Analyze job order costing for LMN Corporation using the following data: Job Direct Materials ($) Direct Labor ($) Manufacturing Overhead ($) A $5,000 $3,000 $2,000
Analyze job order costing for LMN Corporation using the following data:
Job Direct Materials ($) Direct Labor ($) Manufacturing Overhead ($) A $5,000 $3,000 $2,000 B $4,000 $2,500 $1,800 Requirements:
- Calculate the total cost for each job.
- Present the analysis in a detailed table format.
- Discuss the suitability of job order costing for LMN Corporation.
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