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A Company's Overhead Rate Is 60% of Direct Labor Cost

Question 136

Multiple Choice

A company's overhead rate is 60% of direct labor cost.Using the following incomplete accounts,determine the cost of direct materials used:
A company's overhead rate is 60% of direct labor cost.Using the following incomplete accounts,determine the cost of direct materials used: A) $106,400 B) $113,120 C) $30,240 D) $211,680 E) $324,800


A) $106,400
B) $113,120
C) $30,240
D) $211,680
E) $324,800

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