Cbs companys manufacturing accounting system uses direct

Reference no: EM13482201

Cbs company's manufacturing accounting system uses direct labor costs to apply overhead to goods in process and finished goods inventories. Canoe co. manufacturing costs for the new year were, direct labor $30,000, direct materials $50,000, and factory overhead applied was $6000. What was the overhead application rate?

Reference no: EM13482201

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