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Winston Company applies overhead cost to jobs on the basis of direct labor cost. Job X, which was started and completed during the current period,
Winston Company applies overhead cost to jobs on the basis of direct labor cost. Job X, which was started and completed during the current period, shows charges of $6,300 for direct materials, $8,500 for direct labor, and $4,845 for overhead on its job cost sheet. Job Q, which is still in process at year-end, shows charges of $3,000 for direct materials, and $5,100 for direct labor. |
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