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Business, 02.06.2020 08:57 Vlop2780

Kayak Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Kayak Company's production costs for the year were: direct labor, $26,000; direct materials, $46,000; and factory overhead applied $5,600. The overhead application rate was:.
a. 17.69%.
b. 21.54%.
c. 464.29%.
d. 4.64%.
e. 12.17%.

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