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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, $29,000; direct materials, $49,000, and factory overhead applied $5,900. The overhead application rate was O 4.92%. 12.04%. O 20.34%. O 491.53% 16.90%
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