Acme Company applies manufacturing overhead to jobs using an…
Acme Company applies manufacturing overhead to jobs using an overhead rate that is based on direct labor costs. On May 1, the work in process inventory account had a balance of $151,280. Here are data regarding Acme’s operations for the month of May: On May 31, the only job in work in process inventory is Job 43, which has been charged with $35,200 of applied manufacturing overhead costs. What amount of direct material costs have been charged to Job 43 as of May 31?
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