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Prather Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead
Prather Corporation uses a job-order costing 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 the following data Total direct labor hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour Recently, Job P513 was completed with the following characteristics Number of units in the job Total direct labor-hours Direct materials Direct labor cost 10 30 $710 $500 60,000 $275,000 $ 4.80 The amount of overhead applied to Job PS3 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $276.45 $281.40 $23412
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