Question: Exercise 3-37 Project Costing: Interior Decorating (LO 3-1, 3-8) Design Arts Associates is an interior decorating firm in Berlin. The following costs were incurred in

Exercise 3-37 Project Costing: Interior Decorating (LO 3-1, 3-8) Design Arts Associates is an interior decorating firm in Berlin. The following costs were incurred in the firm's contract to redocorate the mayor's offices. The firm's budget for the yoar 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. Required: Calculate vie total cost of the fum's contract to redecorate the mayor's offices

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