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Matrix Corporation applies overhead cost to jobs on the basis of 60% of direct labor cost. If Job 10 shows $24,000 of manufacturing overhead cost

Matrix Corporation applies overhead cost to jobs on the basis of 60% of direct labor cost. If Job 10 shows $24,000 of manufacturing overhead cost applied, how much was the direct labor cost on the job?

a. $40,000

b. $38,400

c. $19,200

d. $47,920

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