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NCT Company useswhich applies overhead at the rate of 190% of direct labor cost and...

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Accounting

NCT Company useswhich applies overhead at the rate of 190% of direct labor cost and began its work on June 2020. The work was completed in July and sold during August, having accumulate direct material and labor charges of $27,000 and $15,000, respectively.On the basis of this information the total overhead applied for this work amounted to:

a. $70,500.

b. $28,500.

c. $79,800.

d. $51,300.

Need answers by 11:00am-11:20am today so a very short explanation will do. Thank you

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