Finished goods inventory is $190,000. If overhead applied to these goods is $72,000, and the overhead rate is 120% of direct labor, how much direct materials cost was incurred in producing the inventory?
A. $86,400.
B. $31,600.
C. $56,000.
D. $58,000.
E. $60,000.
Answer: D
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Indicate whether the statement is true or false
E-mail subject lines
a. may be eliminated. b. should provide information or ask a question. c. should include the date of the e-mail. d. none of these choices.
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A) Board of Directors B) Shareholders. C) Executive Officers. D) Members.