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Question - A company manufactures customized furniture. The following pertains to Job No. 735:
Direct materials used $12,500
Direct labor hours worked 400
Direct labor rate per hour $13.00
Machine hours used 250
Applied factory overhead rate per machine hour $15.00
What is the total manufacturing cost for Job No. 735?
A. 21,450
B. 21,700
C. 25,550
D. 26,200
Which of the following research and development related costs should be capitalized and amortized over current and future periods?
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Holyfield Corporation wishes to exchange a machine used in its operations. Holyfield has received the following offers from other companies in the industry.
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