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The Work in Process Inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $3,200 debit balance after all posting is completed. The cost sheet of the one job still in process shows direct material cost of $1,400 and direct labor cost of $800. Therefore, the amount of the applied overhead is:

$2,200.

$1,800.

$1,000.

$2,400.

$800.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92046833

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