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Lucky Bill Corporation uses a job-order system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead
Lucky Bill Corporation uses a job-order system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor hour, and 70,000 direct labor hours. The company provided the following data concerning Job 498. There were 40 units in the job 80 direct labor hours for a total cost of $2,720 Direct material costs total $950 Calculate the total job cost for Job 498. Show your work to receive credit
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