Problemgalbraith company applies overhead cost to jobs on, Ask an Expert

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Problem:

Galbraith Company applies overhead cost to jobs on the basis of 60% of direct labor cost.

Required:

Question: If Job 201 shows $75,000 of manufacturing overhead applied, the direct labor cost on the job was:

A) $125,000

B) $45,000

C) $75,000

D) $105,000

Note: Please show how you came up with the solution.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91163664

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