Edgar Thompson,a CPA,has a firm in the state of Florida.Edgar uses ABC to allocate overhead costs and has computed the following predetermined overhead allocation rates:
Edgar has important contacts in the northeastern parts of Florida.During the past month,Edgar completed a job for Tropica,Inc.The job required 135 labor hours and 4,000 photocopies.Determine the amount of indirect costs to be allocated to the job.
Correct Answer:
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