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Business, 27.09.2019 02:10 leeney6166

Canoe company uses a job order cost accounting system and allocates its overhead on the basis of direct labor costs. canoe company's production costs for the year were: direct labor, $30,000; direct materials, $50,000; and factory overhead applied, $6,000. the overhead application rate was:
a. 5.0%.
b. 12.0%.
c. 20.0%.
d. 500.0%.
e. 16.7%.

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