Billy Baroo Company uses a job order cost system.The following information was found in the Work-in-Process account for the month of July.
Billy Baroo applies overhead to production at a predetermined rate of 80% based on the direct labor cost.Job #23, the only job still in process at the end of July, has been charged with direct labor of $12,000.Direct material charged to Job #23 was:
A) $22,400.
B) $24,000.
C) $27,000.
D) $29,400.
E) $30,400.
Correct Answer:
Verified
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