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A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be
A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $356,954 and direct labor hours would be 48,738. Actual manufacturing overhead costs incurred were $302,086, and actual direct labor hours were 54,654. Which of the following would be included in the entry to apply the factory overhead costs for the year?
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