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Rapid Enterprises Applies Manufacturing Overhead to Its Cost Objects on the Basis

Question 20

Multiple Choice

Rapid Enterprises applies manufacturing overhead to its cost objects on the basis of 75% of direct material cost. If Job 17X had $72,000 of manufacturing overhead applied to it during May, the direct materials assigned to Job 17X was:


A) $54,000.
B) $72,000.
C) $96,000.
D) $126,000.

Correct Answer:

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