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7. COMPUTE MANUFACTURING OVERHEAD: FACTORY RENT=1,000 FACTORY UTILITIES=2,000 OFFICE DEPRECIATION=4,000 8. PREPARE THE JOURNAL ENTRY TO RECORD 5,000 RM PURCHASED ON ACCOUNT
7. COMPUTE MANUFACTURING OVERHEAD:
FACTORY RENT=1,000
FACTORY UTILITIES=2,000
OFFICE DEPRECIATION=4,000
8. PREPARE THE JOURNAL ENTRY TO RECORD 5,000 RM PURCHASED ON ACCOUNT
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