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Johnson Company applies overhead to products using a plant-wide pre-determined rate of 65% of direct labor cost. Johnson Company had the following inventory balances for
Johnson Company applies overhead to products using a plant-wide pre-determined rate of 65% of direct labor cost. Johnson Company had the following inventory balances for 2024: During 2024, Johnson Company incurred the following costs: Sixty percent of the rent relates to the factory while forty percent of the rent relates to the administrative building. Calculate the amount of overhead cost applied to products during 2024
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