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which is correct Assume that a company uses direct labor dollars as the allocation base to compute its predetermined plantwide overhead rate of 140% Also,
which is correct
Assume that a company uses direct labor dollars as the allocation base to compute its predetermined plantwide overhead rate of 140% Also, assume the following information from the company's schedule of cost of goods manufactured, schedule of cost of goods sold, and its income statement Direct labor Cost of goods manufactured $ 65,8e Actual manufacturing overhead $260,000 Selling and administrative expense $84,000 $75,700 If the beginning finished goods Inventory was $10,000, the ending finished goods inventory was $2,000, and net operating Income was $8,000 then what is the sales? Multiple Choice 5324700 5344700 $314.700 5354,700 Step by Step Solution
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