Business, 20.09.2019 19:10 lizzidubois

The work in process inventory account of a manufacturing firm shows a balance of $3,000 at the end of an accounting period. the job cost sheets of the only two uncompleted jobs show charges of $500, & $300 for materials, & charges of $400 & $600 for direct labor. from this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of: a) 83%.b) 120%.c) 40%.d) 300%

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The work in process inventory account of a manufacturing firm shows a balance of $3,000 at the end o...

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