Randall Company manufactures products to customer specifications. A job costing system is used to accumulate production costs. Factory overhead cost was applied at 125% of direct labor cost under normal costing. Selected data concerning the past year’s operation of the company are presented below.
The total manufacturing costs for the year are:
Selected Answer: $867,000.
Answers:$850,000.
$348,000.
$867,000.
$835,000.
$811,000.
I need detailed calculation steps and explain it.
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