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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
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, $36,000; direct materials, $56,000; and factory overhead applied $6,600. The overhead application rate was: Multiple Choice 18.33% 01.793 5,45% 545 45% 15.56
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