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During the month of May, direct labor cost totaled $13,360 and direct labor cost was 40% of prime cost. If total manufacturing costs during May were $74,200, the manufacturing overhead was: Multiple Choice О $20,040 О $33,400 О $40,800 О $60,840

During the month of May, direct labor cost totaled $13,360 and direct labor cost was 40% of prime cost. If total manufacturing costs during May were $74,200, the manufacturing overhead was: Multiple Choice О $20,040 О $33,400 О $40,800 О $60,840

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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During the month of May, direct labor cost totaled $13,360 and direct labor cost was 40% of prime cost. If total manufacturing costs during May were $74,200, the manufacturing overhead was: Multiple Choice О $20,040 О $33,400 О $40,800 О $60,840
Transcribed Image Text:During the month of May, direct labor cost totaled $13,360 and direct labor cost was 40% of prime cost. If total manufacturing costs during May were $74,200, the manufacturing overhead was: Multiple Choice О $20,040 О $33,400 О $40,800 О $60,840
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