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Kapoor Catering Co. uses a job cost system. Its activities in November 2020, the first month of operation, were as follows: The company applies overhead
Kapoor Catering Co. uses a job cost system. Its activities in November 2020, the first month of operation, were as follows: The company applies overhead at a rate of $19.00 per labor hour. It completed all of its jobs in November. Total revenue for the three jobs amounted to $400,500. The actual overhead for the month was $140,000, of which $124,900 should be credited to accounts payable and $42,000 should be credited to Accumulated Depreciation. Determine the costs that should be assigned to each of the jobs
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