Problem

(L. OBJ. 3) Allocating overhead [5 min] Job 303 includes a direct materials cost of $47...

(L. OBJ. 3) Allocating overhead [5 min]

Job 303 includes a direct materials cost of $470 and direct labor costs of $350.

Requirement

1. If the manufacturing overhead allocation rate is 60% of direct labor cost, what is the total cost assigned to Job 303?

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