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Candle Corp. applies manutacturing overhead costs to products at a budgeted indirect-cost rate of $65 per direct manufacturing labor-bour. A retail cutlet has requested a
Candle Corp. applies manutacturing overhead costs to products at a budgeted indirect-cost rate of $65 per direct manufacturing labor-bour. A retail cutlet has requested a bid on a special order of a necklace. Estimates for this order indude: Direct materials of $50,000;200 direct manufacturing labor - hours at $35 per hour; and a 20% markup rate on total manufacturing costg. The bid price for this special order is A. $08,400 B. 575,600 C. 504,000 D. 956,000
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