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How do you solve: x + 0.40x = $200,000 Where the 0.40 represents 40%, this is the previously calculated (predetermined overhead rate) Overall, the question
How do you solve: x + 0.40x = $200,000
Where the 0.40 represents 40%, this is the previously calculated (predetermined overhead rate)
Overall, the question relates to managerial accounting and it asks:
*Assuming that the companys $337,485 ending Finished Goods Inventory account for year 2013 had $137,485 of direct materials costs, determine the inventorys (a). direct labor costs and (b). its overhead costs.
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