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Damone Inc. applies overhead to production at a predetermined rate of 80% based on direct...

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Accounting

Damone Inc. applies overhead to production at a predetermined rate of 80% based on direct labor cost. Job No. 250, the only job still in process at the end of August, has been charged with manufacturing overhead of $7,400. What was the amount of direct materials charged to Job 250 assuming the balance in Work in Process inventory is $32,000?

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