Fly-By-Night Studios produced three films this year: Bassets on the Run, My Life as a Cat, and I Wanna Be a Fish. The overhead allocation rate was $500 per direct labour hour based on estimated overhead costs of $3,000,000. Data on each film appear in the table below:
Several costs or other quantitative values are described.Match each explanation with the appropriate value. Each numbered item has only one correct answer. Each lettered item may be used once, more than once, or not at all.
Correct Answer:
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