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VAL CORP HAS ACTUAL OVERHEAD = $350,000. JOB 11 USED 4,000 MACHINE HOURS. TOTAL MACHINE HOURS = 25,500. ASSUME JOB #9 IS THE ONLY JOB
VAL CORP HAS ACTUAL OVERHEAD = $350,000. JOB 11 USED 4,000 MACHINE HOURS. TOTAL MACHINE HOURS = 25,500. ASSUME JOB #9 IS THE ONLY JOB SOLD DURING THE ACCOUNTING PERIOD. WHAT IS ACTUAL OVERHEAD IN COGS?
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