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A company had the following applied fixed overhead balances at the end of the year. Work-in-process inventory $ 100,000 Finished goods inventory 50,000 Cost of
A company had the following applied fixed overhead balances at the end of the year. Work-in-process inventory $ 100,000 Finished goods inventory 50,000 Cost of goods sold 250,000 The company is also showing that it has materially under-applied fixed overhead by $30,000. To record the fixed overhead variance, the company should charge
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