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The ABC Corporation manufactures custom-made handbags. The following data pertains to Job XY5: Direct materials placed into production $4,000 Direct labor hours worked 50 hours
The ABC Corporation manufactures custom-made handbags. The following data pertains to Job XY5: Direct materials placed into production $4,000 Direct labor hours worked 50 hours Direct labor rate per hour $15 Machine hours worked 100 hours Plantwide overhead is applied using a plant-wide rate based on direct labor hours. Plantwide overhead was budgeted at $60,000 for the year and the direct labor hours were estimated to be 15,000. Job XY5 consists of 50 units. What is overhead cost assigned to Job XY5? 0 $1,500 O $750 $400 O $200
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