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Capri Boat Corporation uses a job order cost system and applies overhead based on a percentage of direct labor cost.Cost flows through the Work in Process Inventory account during March are given below:
[The following information applies to the questions displayed below.] Capri Boat Corporation uses a job order cost system and applies overhead based on a percentage of direct labor cost.Cost flows through the Work in Process Inventory account during March are given below:    Only Job #007 was still in process at the end of March and this job had been charged with $40,000 in direct materials cost. -The amount of direct materials cost charged to completed jobs during March was: A) $20,000. B) $50,000. C) $30,000. D) $40,000. Only Job #007 was still in process at the end of March and this job had been charged with $40,000 in direct materials cost.
-The amount of direct materials cost charged to completed jobs during March was:


Definitions:

Inferior Facilities

Public or private establishments, such as schools or transportation, of a lower standard, often unequally provided based on racial or socioeconomic status.

NAACP

The National Association for the Advancement of Colored People, a civil rights organization founded in 1909 to fight prejudice, lynching, and Jim Crow segregation.

Sweatt and McLaurin

Reference to Sweatt v. Painter and McLaurin v. Oklahoma State Regents, landmark U.S. Supreme Court cases that challenged segregation in higher education.

Segregation

The enforced separation of different racial groups in a country, community, or establishment, often marked by discriminatory laws and practices.

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