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Trial Yiweni Ltd uses a predetermined overhead rate to allocate overhead. Overhead is allocated on the basis of direct labour hours. At the beginning of
Trial Yiweni Ltd uses a predetermined overhead rate to allocate overhead. Overhead is allocated on the basis of direct labour hours. At the beginning of the year, the following estimates are provided: Direct Labour Hours 10,000 Machine Hours 20,000 Direct Labour Cost $800,000 Overhead Cost $300,000 Actual Costs reported for all jobs during the year are as follows: Direct Labour Hours 90,000 Machine Hours 12,000 Direct Labour Cost $750,000 Overhead Cost $250,000 The accounting records of the company show the following data for Job 60 which was done for Naya Ltd. Direct Labour Hours 150 Machine Hours 50 Direct Material Cost $1,000 Direct Labour Cost $1,500 Activ Go to What is the cost of this job
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