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23) The Allen Company has the following information for the Assembly Department for the month of (1.67pts) October $ 45,000 49,000 30,000 56,000 125,000 a

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23) The Allen Company has the following information for the Assembly Department for the month of (1.67pts) October $ 45,000 49,000 30,000 56,000 125,000 a Materials purchased Materials used Direct Labor Actual mamfacturing overhead Cost of goods completed and transferred to the Finishing Dept. Overhead rate is 200 percent of direct labor costs Allen Company uses a process costing system for the Assembly Department The journal entry to record materials purchased would include a debit to Materials Inventory for $15.000 dobit to Materials inventory for $49,000 credit to Accounts Payable for $49.000 both bande Type here to search O

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