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Job Order Costing Southeast Company uses a job-order costing system and applies manufacturing overhead cost to jobs based on direct labour hours. For the purpose

Job Order Costing Southeast Company uses a job-order costing system and applies manufacturing overhead cost to jobs based on direct labour hours. For the purpose of computing the pre-determined overhead rate, the Company estimated manufacturing overhead costs to be $1,050,000 and direct labour costs to be $750,000. The budgeted labour cost was based on an average budgeted rate of $25 per hour

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