Calculation of Overhead Cost
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If given a total manufacturing cost of $130,000. Direct labor cost was $40,000, indirect labor cost was $20,000. Raw materials were purchased at $35,000, if the begining raw materials inventory was $0 and the ending raw materials inventory was $5,000, what is the overhead cost?
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The solution contains calculation of overhead cost.
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Data
Total manufacturing cost $130000
Direct Labor cost $40000
Indirect Labor cost $20000
Raw material purchased ...
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