Milestone Company estimates the company will incur $96,900 in overhead costs and 5,100 direct labor hours during

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Milestone Company estimates the company will incur $96,900 in overhead costs and 5,100 direct labor hours during the year. Actual direct labor hours were 4,400. Calculate the predetermined overhead allocation rate, and prepare the journal entry for the allocation of overhead.
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Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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