Docie Company, which applies overhead at the rate of 190% of direct material cost, began work on job no. 101 during June The job was completed in July and sold during August, having accumulated direct material and labor charges of $27,000 and $15,000, respectively. On the basis of this information, the total overhead applied to job no. 101 amounted to: S0. S28,500. S51.300. S70,500. S79,800.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Dixie Company, which applies overhead at the rate of 190% of direct material cost, began work on job no.
101 during June. The job was completed in July and sold during August, having accumulated direct
material and labor charges of $27,000 and $15,000, respectively. On the basis of this information, the total
overhead applied to job no. 101 amounted to: $0. $28,500. $51,300. $70,500. $79,800.
Transcribed Image Text:Dixie Company, which applies overhead at the rate of 190% of direct material cost, began work on job no. 101 during June. The job was completed in July and sold during August, having accumulated direct material and labor charges of $27,000 and $15,000, respectively. On the basis of this information, the total overhead applied to job no. 101 amounted to: $0. $28,500. $51,300. $70,500. $79,800.
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