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Job 31 has a direct materials cost of $350 and a total manufacturing cost of $1,100. Overhead is applied to jobs at a rate of
Job 31 has a direct materials cost of $350 and a total manufacturing cost of $1,100. Overhead is applied to jobs at a rate of 200 percent of direct labor cost.
Use the relationships among total manufacturing costs, conversion cost, and prime cost to determine the following costs for job 31:
a: conversion costs b: Direct Labor Costs c: Manufacturing Overhead Costs D: Prime Costs
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