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D The next five questions are based on the following information Nevermore Company manufactures pipes and applies manufacturing overhead costs to production at a
D The next five questions are based on the following information Nevermore Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $18 per direct labor-hour. The following data are obtained from the accounting records for June 2019: Direct materials $140,000 Direct labor (5,000 hours @ $50,000 $10/hour) Indirect labor $19,000 Plant facility rent $40,000 Depreciation on plant machinery and $22,500 equipment Sales commissions $24,000 Administrative expenses $27,000
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