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Baxter Accounting Services estimates for next year revenues of $2700000, direct labor of $600000, and overhead of $978000. Under traditional costing, overhead is applied to
Baxter Accounting Services estimates for next year revenues of $2700000, direct labor of $600000, and overhead of $978000. Under traditional costing, overhead is applied to audit jobs using the rate of
58% of direct labor.
163% of direct labor.
22% of revenues.
36% of revenues.
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