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Business, 24.09.2019 12:30 KaylaMaria

The work in process inventory account of a manufacturing corporation shows a balance of $18,000 at the end of an accounting period. the job cost sheets of the two uncompleted jobs show charges of $6,000 and $3,000 for materials, and charges of $4,000 and $2,000 for direct labor. from this information, it appears that the corporation is using a predetermined overhead rate, as a percentage of direct labor costs, of:

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