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    Question

    Factory overhead = ₹60,000; Direct labor =

    ₹1,20,000. Compute overhead rate as % of labor cost.
    A 40% Correct Answer Incorrect Answer
    B 50% Correct Answer Incorrect Answer
    C 60% Correct Answer Incorrect Answer
    D 30% Correct Answer Incorrect Answer
    E 200% Correct Answer Incorrect Answer

    Solution

    Rate = (60,000 ÷ 1,20,000) × 100 = 50%.

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