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Assume estimated overhead cost is $2,876,000, estimated direct labor costs is $1,940,000. OH is based on direct labor cost. If Job 918 incurs direct material

Assume estimated overhead cost is $2,876,000, estimated direct labor costs is $1,940,000. OH is based on direct labor cost. If Job 918 incurs direct material costs of $515, direct labor of $265, and is sold for $1,625. What is gross profit?

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