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Question 25 Not yet Lux Corporation uses a job cost system and has two production departments, X and Y. Budgeted manufacturing costs for the year
Question 25 Not yet Lux Corporation uses a job cost system and has two production departments, X and Y. Budgeted manufacturing costs for the year are: answered Marked out of 1.00 Department X $1400,000 Department Y P Flag question Direct materials Direct manufacturing labor Manufacturing overhead $200,000 $400,000 $1600,000 $1200,000 $800,000 The actual material and labor costs charged to Job #512 were as follows: Total Direct materials: $50,000 Direct labor: Department x Department Y $ 16,000 $24,000 $40,000 Lux applies manufacturing overhead costs to jobs on the basis of direct manufacturing labor cost using departmental rates determined at the beginning of the year. For Department y, the manufacturing overhead allocation rate is: Select one: a. 200% b. 100% C. 300% d. 50%
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