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Kayak Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Kayak Company's production costs for the

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Kayak Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Kayak Company's production costs for the year were: direct labor, $34,000; direct materials, $54,000; and factory overhead applied $6,400. The overhead application rate was: Multiple Choice 15.88%. 531.25%. 11.85%. 5.31%

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