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Lancelot Manufacturing is a small textile manufacturer using machine-hours as the single indirect-cost rate to allocate manufacturing overhead costs to the various jobs contracted during
Lancelot Manufacturing is a small textile manufacturer using machine-hours as the single indirect-cost rate to allocate manufacturing overhead costs to the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Case High School band jacket job. Company $60,000 $15,000 $50,000 100,000 mh Case High School Job $2,400 $600 Direct materials Direct labor Manufacturing overhead costs Machine-hours 1,000 mh What amount of manufacturing overhead costs will be allocated to this job? A. $450 OB. $650 OC. $500 OD. $1,250
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