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HW for M 9 / 1 6 : Ex 3 - 6 , Pr 3 - 1 4 Saved Help Save & Exit Submit Gitano
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Gitano Products uses joborder costing and applies overhead cost to jobs based on direct materials used in production not on the basis of raw materials purchased Its predetermined overhead rate is based on a cost formula that estimated $ of manufacturing overhead for an estimated allocation base of $ direct material dollars to be used in production. The company provided the following data for the just completed year:
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tablePurchase of raw materials,,$ Direct labor cost,,$
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