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Grib Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. The predetermined overhead rates for the year
Grib Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. The predetermined overhead rates for the year are 200% of direct labor cost for Department A and 50% of direct labor cost for Department B. Job 436, started and completed during the year, was charged with the following costs: Department A Direct materials $50,000 Direct labor Manufacturing overhead $80,000 The total manufacturing cost assigned to Job 436 was: Department B $10,000 $60,000 Multiple Choice O $300,000 $390 000 The total manufacturing cost assigned to Job 436 was: Multiple Choice $360,000 $390,000 $270,000 $430,000
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