Dubois Decors is an interior decorator in St.Louis, Missouri.The following costs were incurred in the firm's contract to redecorate a corporate CEO's office.
The firm's budget for the year included the following estimates:
Overhead is applied to contracts using a predetermined overhead rate calculated annually.The rate is based on direct professional labor cost. What is the total cost of the firm's contract to redecorate the CEO's office?
A) $155,000
B) $95,000
C) $191,000
D) $650,000
E) $132,500
Correct Answer:
Verified
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