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ANSWER ASAP PLEASE On January 31,202, the ending balance in the account was $53,500. The company manages inventories on a FIFO basis. The following journal

ANSWER ASAP PLEASE
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On January 31,202, the ending balance in the account was $53,500. The company manages inventories on a FIFO basis. The following journal entries made to certain accounts describe the total costs incurred for work performed on jobs worked on in the month: The company applies overhead based on direct labour cost. What is the overhead application rate used by Clark? Enter your answer as a number with two decimal places. For example, 35% becomes 0.35

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