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In August, Job 450 had direct labour of $350,000 and direct materials of $275,000 charged to it Overhead is applied at the rate of 125%
In August, Job 450 had direct labour of $350,000 and direct materials of $275,000 charged to it Overhead is applied at the rate of 125% of direct labour cost. On August 31st the job was still being worked on. The work-in-process for Job 450 at August 31st would be: (1 mark) Oa) $625,000 Ob) $975,000 Oc) $968,750 Od) $1,062,500 Next >>
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