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Using the following accounts and an overhead rate of 70% of direct labor cost, determine...

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Accounting

Using the following accounts and an overhead rate of 70% of direct labor cost, determine the amount of applied overhead.

Work in Process Inventory
Beginning WIP 23,900
Direct Materials 71,700
Direct Labor ?
Applied Overhead ?
To Finished Goods ?
Ending WIP 49,080

Finished Goods Inventory
Beginning FG 6,600
163,820
Ending FG

Multiple Choice

  • $48,300.

  • $117,300.

  • $46,520.

  • $69,000.

  • $56,235.

Answer & Explanation Solved by verified expert
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