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Clark Industries applies overhead cost based on 125% of direct labor cost. In completing the 300 units in Job #224, the company incurred $42,000 in

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Clark Industries applies overhead cost based on 125% of direct labor cost. In completing the 300 units in Job \#224, the company incurred $42,000 in direct materials and direct labor of $37,000. How much overhead should be applied to Job \#224? $98,750 $46,250 $52,500 $79,000

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