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Presented is selected information from Fred's January statement of cost of goods manufactured. Predetermined overhead rate 80 percent of direct labor dollars Direct materials $60,000
Presented is selected information from Fred's January statement of cost of goods manufactured.
Predetermined overhead rate | 80 percent of direct labor dollars |
Direct materials | $60,000 |
Cost of goods manufactured | $150,000 |
Fred's January direct labor was:
A) $40,000
B) $50,000
C) $75,000
D) $90,000
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