Multiple Choice
Knowlton Company applies overhead to completed jobs on the basis of 70% of direct labour cost. If Job 501 shows $21,000 of manufacturing overhead applied, the direct labour cost on the job was:
A) $21,000.
B) $27,300.
C) $30,000.
D) $14,700.
Correct Answer:
Verified
Correct Answer:
Verified
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