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Please show me the formulas so I can understand the concept Cost of Job 325 = $_______ ABC Company is a steel fabricator, and job
Please show me the formulas so I can understand the concept
Cost of Job 325 = $_______
ABC Company is a steel fabricator, and job consists of producing 500 steel supports for H55 Company. Overhead is applied on the basis of direct labor hours, using a predetermined rate of $30/hr. Direct costs associated with job 325 are: direct materials, $16,000, 200 hours at $20/hr.
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