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Minerva Company has analyzed its overhead cost and derived a general formula further behavior: $50,000+...

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Accounting

Minerva Company has analyzed its overhead cost and derived a general formula further behavior: $50,000+ $18 Per direct labor hour employed. The company expects to use 40,000 direct labor hours during the next accounting period what overhead rate per direct labor hour should be applied to jobs during the period
a. $1.25 per Direct labor hour
b. $18.00 Per direct labor hour
c. $19.25 Per direct labor hour
d. $770,000 Per direct labor hour
e. None of the above

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