Question: Gill Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of the year, Gill estimated total
Gill Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of the year, Gill estimated total manufacturing overhead costs at $1,010,000 and total direct labor costs at $840,000. In June, Gill completed Job 511. The details of Job 511 are shown below. (Round to 2 decimal places.)
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