The Work in Process inventory account of a manufacturing company shows a balanceof $2,400 at the end of an accounting period. The job cost sheets of two uncompleted jobsshow charges of $400 and $200 for direct materials and charges of $300 and $500 for direct labour. From this information, what predetermined overhead rate, as a percentage of direct labour costs, does the company appear to be using?
A. 80%.
B. 125%.
C. 240%.
D. 300%
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The Work in Process inventory account of a manufacturing company shows a balanceof $2,400 at the end...
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