luluAli
Dec 1, 2010, 04:29 AM
Which variable would be the most likely basis for allocating overhead?
A. Labor Cost
B. Materials Cost
C. Machine-hours
D. Labor Hours
E. None of the above
luluAli
Dec 1, 2010, 04:30 AM
15) Job G34 was unfinished at the end of the accounting period. The total cost assigned to the job is $48,000 of which $12,000 is direct material. Factory overhead is allocated to goods in process at 125% of direct labor cost. What was the amount of direct labor charged to Job G34?
Curlyben
Dec 1, 2010, 04:34 AM
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