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Richards 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

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Richards 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 50,000 direct labor-hours, total flixed manufacturing overhead cost of $390,00, and a variable manufacturing overhead rate of $4.40 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed

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