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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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