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Apple Inc. has a direct labor cost of $10,000,000 and direct labor hours of 400,000. Calculate the direct labor rate per hour. If a job
Apple Inc. has a direct labor cost of $10,000,000 and direct labor hours of 400,000. Calculate the direct labor rate per hour. If a job uses 2,500 direct labor hours, what is the direct labor cost for the job? Prepare the balance sheet after the formation of the partnership.
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