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8. On December 31, prepare the journal entry to dispose of the balance in the Factory Overhead account.* 9. What are the balances in the

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8. On December 31, prepare the journal entry to dispose of the balance in the Factory Overhead account.* 9. What are the balances in the following accounts as of December 31? A. Materials B. Work in Process C. Finished Goods D. Factory Overhead E. Cost of Goods Sold

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