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Tones Company uses a job - order costing system with a predetermined overhead rate of 1 2 0 % of direct labor cost. The job

Tones Company uses a job-order costing system with a predetermined overhead rate of 120% of direct labor cost. The job cost sheet for Job #420 listed $4,000 in direct materials cost and $5,000 in direct labor cost to manufacture 7,500 units. The unit cost of Job #420 is:$1.20. $1.33. $2.00.

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