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Question
Abba Accounting expects its accountants to work a total of 24,000 direct labor hours per year. Abba's estimated total indirect costs are $240,000. The direct labor rate is $75 per hour. If Abba does a job requiring 40 hours of direct labor, what is the total job cost?
A) $7,000
B) $400
C) $3,400
D) $3,000
Answer
This answer is hidden. It contains 117 characters.
Related questions
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Q:
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Q:
A) chart of accounts.
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Answer: B
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Q:
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B) account number, as shown in the chart of accounts.
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Q:
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B) finding the account number in the chart of accounts.
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D) copying the information from the journal to the ledger.
Q:
In the accounting system, the first place that transactions are recorded is the ledger.
Q:
For liabilities and revenues, a debit increases the account.