During February, Irving Corporation incurred $91,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing

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During February, Irving Corporation incurred $91,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $87,000.
The journal entry to record the incurrence of the actual Manufacturing Overhead costs would include a:
Credit to Work in Process of $87,000
Debit to Work in Process of $87,000
Debit to Manufacturing Overhead of $91,000
Credit to Manufacturing Overhead of $91,000
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Managerial Accounting

ISBN: 9780073526706

12th Edition

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

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