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Business, 24.09.2020 14:01 sarahgrindstaff123

A company's overhead rate is 50% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used. Work in Process Inventory Beginning WIP 119,000 Direct Materials ? Direct Labor ? Applied Overhead ? To Finished Goods ? Ending WIP 154,800 Factory Overhead 119,000 107,100 Finished Goods Inventory Beginning FG 139,800 384,100 355,900 Ending FG 168,000

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