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I need help with this problem Sheridan Company applies overhead to production at a predetermined rate of 90% based on direct labor cost. Job No.
I need help with this problem
Sheridan Company applies overhead to production at a predetermined rate of 90% based on direct labor cost. Job No. 250, the only job still in process at the end of August, has been charged with manufacturing overhead of $11700. What was the amount of direct materials charged to Job 250 assuming the balance in Work in Process inventory is $35000?
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