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he records for the previous year for Sarasota Boat Builders, Inc., shows the following data:...

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Accounting

he records for the previous year for Sarasota Boat Builders, Inc., shows the following data: Selling and administrative expenses $300,000 Direct materials used 530,000 Direct labor (100,000 hours) 600,000 Factory overhead application rate $5 per DLH Inventories Beginning Ending Work in process $150,000 $160,000 Finished goods 80,000 50,000

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