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Determine the overhead application rate

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Question - Kayak Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Kayak Company's production costs for the year were: direct labor, $30,000; direct materials, $50,000; and factory overhead applied $6,000. Determine the overhead application rate?

a. 500.0%.

b. 5.0%.

c. 16.7%.

d. 2.0%.

e. 20.0%.

Reference no: EM132795574

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