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ZOOM IN TO VIEW. NEED COST OF JOB, ASSUME OVERHEAD ABSORBED BY DIRECT LABOUR. Simplex Company has the following estimated costs for next year: Direct
ZOOM IN TO VIEW. NEED COST OF JOB, ASSUME OVERHEAD ABSORBED BY DIRECT LABOUR.
Simplex Company has the following estimated costs for next year: Direct materials Direct labour Sales commissions Salary of production supervisor Indirect materials Advertising expenses Rent on factory equipment $15,000 55,000 75,000 35,000 5,000 11,000 16,000 DM and $350 in DL. It used 16 Simplex estimates that 4,000 direct labour and 16,000 machine hours will be worked during the year. Overhead is applied on the basis of direct labour hours. Job 302 required $1,590 DLH and 950 MH. What was the cost of Job 302? Multiple Choice O O $4,265 $4,370 O O $2,164 $3,430 OStep by Step Solution
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