A company incurred the following manufacturing costs this period: direct labor, $605,000; direct materials, $672,000; and factory overhead, $129,500. (1) Compute its overhead cost as a perce

A company incurred the following manufacturing costs this period: direct labor, $605,000; direct materials, $672,000; and factory overhead, $129,500.

(1)

Compute its overhead cost as a percent of direct labor

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