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Question - The following information is available pertaining to Iris Division that uses a traditional (plantwide) overhead rate based on direct labor hours:
Total Overhead: $420,000
Direct labor-hours: 300,000
Machine-hours: 600,000
Job 101 used the following resources:
Direct costs: $15,000
Direct Labor-hours: 450
Machine-hours: 50
Units produced: 900
Required - What are the total overhead costs assigned to Job 101?
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