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X company uses a fifo inventory system the actual cost of

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X company uses a FIFO inventory system. the actual cost of direct materials and direct labor is used to value labor and to value the inventories. manufacturing oherhead is applied at a predetermined rate per ton of cable used.

  • Estimated overhead dollars $360000
  • Estimated tons of cables 9000 tons
  • what is Overhead application rate ?

Reference no: EM13609008

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