Ali Construction has two jobs in July, Jobs N75 and N76. Overhead is applied at a rate of $25,00 per labor hour. The cost information is provided below: JOB N75 N76 Direct Materials $66,000 $24 200 Direct labor cost $84,000 $37,800 Direct labor hours 4,000 1,800 What is the gross profnt percentage for job N75 ir it was sold for $280,000? O a. 9% O b. 12% *c. 10% d. 11%
Ali Construction has two jobs in July, Jobs N75 and N76. Overhead is applied at a rate of $25,00 per labor hour. The cost information is provided below: JOB N75 N76 Direct Materials $66,000 $24 200 Direct labor cost $84,000 $37,800 Direct labor hours 4,000 1,800 What is the gross profnt percentage for job N75 ir it was sold for $280,000? O a. 9% O b. 12% *c. 10% d. 11%
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 8PA: Coops Stoops estimated its annual overhead to be $85,000 and based its predetermined overhead rate...
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