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Problem:

A company's ending inventory of finished goods has a cost of $35,000 and consists of 750 units. If the overhead applicable to these goods is $8,400, and overhead is applied at the rate of 60% of direct labor,

Required:

Question: What is the costs of the direct materials used to produce these units?

Note: Please provide reasons to support your answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91164092

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