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Paige Printing uses a job-order costing system. The following entries appeared in their Work in Process account for May: Paige Printing applies manufacturing overhead to
Paige Printing uses a job-order costing system. The following entries appeared in their Work in Process account for May: Paige Printing applies manufacturing overhead to production at a rate of 80% of direct labor cost. Job 75 the only job still in process at the end of May, has been charged with direct labor of $2,500. Required: What was the cost of the direct material charged to Job 75 ? (CPA Adapted)
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