Venus Manufacturing uses a predetermined overhead allocation rate based on direct labor cost.At the beginning of the year,it estimated the manufacturing overhead rate to be 30% of the direct labor cost.In the month of June,Venus completed Job 13C and its details are as follows:
What is the total cost incurred for Job 13C?
Definitions:
Formula
An expression or equation that calculates values in a spreadsheet or mathematical setting.
Circular Reference
A situation in which a formula or calculation in a system refers back to itself directly or indirectly, potentially causing errors or infinite loops.
Reference
An indication to a source of information or data, often used in research, writing, or programming to point to external details or evidence.
Typing
The action or process of writing by pressing keys on a keyboard.
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