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Question
Kayak Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Kayak Company's production costs for the year were: direct labor, $30,000; direct materials, $50,000; and factory overhead applied $6,000. The overhead application rate was:A.5.0%.
B.12.0%.
C.20.0%.
D.500.0%.
E.16.7%.
Answer
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Direct labor X X
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Variable manufacturing overhead
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Direct materials
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Match the following
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Given the Cool Pools Company data, what is net income using absorption costing?
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