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Ring Company designs and builds jewelry. During June it had applied overhead of $120,000. Overhead is applied at the rate of 74% of direct labour

Ring Company designs and builds jewelry. During June it had applied overhead of $120,000. Overhead is applied at the rate of 74% of direct labour cost. Direct labour wages average $20 per hour. How many direct labour hours did Ring Company have for the month of June? Question 16 options: 1) 12,000 2) 6000 3) 10,000 4) 8000

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