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The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $2,056. A total of 34
The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $2,056. A total of 34 direct labor-hours and 257 machine-hours were worked on the job. The direct labor wage rate is $14 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $21 per machine-hour. The total cost for the job on its job cost sheet would be: Multiple Choice $7,929 $4,885 $5,304 $10,074
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