Quiz - 1(M/C Your answer is incorrect Try again Franks Fabricating uses job costing and applies overhead using a normal costing system and uses

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1(M/C)
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Your answer is incorrect. Try again. Franks Fabricating uses job costing and applies overhead using a normal costing system and uses direct labor cost as the allocation base. This period's estimated overhead cost is $100,000 and estimated direct labor cost of $50,000 and 2,500 direct labor hours. Direct Direct Direct Materials Labor Cost Labor Hours Job 200 $ 500 $ 800 40 Job 201 350 200 10 Job 202 1,000 600 30 Reference: Ref 5-1
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30% 50% 60% 200% 4(M/C) O'Hare Sisters Manufacturing uses job costing and applies overhead using a normal costing system using direct labor hours as the allocation base. This period's estimated overhead cost is $400,000, estimated direct labor cost is $500,000 and estimated direct labor hours are 25,000. This period actual overhead cost was $420,000, actual direct labor cost was $390,000, and actual direct labor hours were 20,000. Direct
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This note was uploaded on 04/26/2010 for the course ACCT 300 taught by Professor Rob during the Spring '10 term at Morgan.

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Quiz - 1(M/C Your answer is incorrect Try again Franks Fabricating uses job costing and applies overhead using a normal costing system and uses

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