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4 termined overhead allocation rate using direct labor hours as and prepare the journal entry for the allocation of overhead. S17-8 Completing and selling products

4 termined overhead allocation rate using direct labor hours as and prepare the journal entry for the allocation of overhead. S17-8 Completing and selling products Lincoln Company completed jobs that cost $38,000 to produce. In the same period, the company sold jobs for $88,000 that cost $42,000 to produce. Prepare the journal entries for the completion and sales of the jobs. All sales are on account

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