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Lipton USA has a direct labor cost of $12,000,000 and direct labor hours of 450,000. Calculate the direct labor rate per hour. If a job

Lipton USA has a direct labor cost of $12,000,000 and direct labor hours of 450,000. Calculate the direct labor rate per hour. If a job uses 3,000 direct labor hours, what is the direct labor cost for the job? Prepare a classified balance sheet as of December 31, 20X1.

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