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What predetermined overhead rate does the company appear

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Reference no: EM132823811

Problem 1: The Work in Process inventory account of a manufacturing company shows a balance of $2,400 at the end of an accounting period. The job cost sheets of two uncompleted jobs show 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?

Select one:

a. 80%.

b. 300%.

c. 125%.

d. 240%.

Reference no: EM132823811

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