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Elkton industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead allocation base. 1) What is
Elkton industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead allocation base.
1) What is Elkton's predetermined manufacturing overhead rate based on direct labor cost?
2) Calculate the manufacturing overhead to be allocated based on direct labor cost to job 371.
3) What is the total cost of Job 371?
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