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1. Compute Simms Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate.
2. Compute the predicted cost of the Root Manufacturing job.
3. If Simms wants to earn a profit that equals 45% of the job's cost, how much should he bid for the Root Manufacturing job?
Answers: 2
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1. Compute Simms Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead alloca...
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