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A manufacturing plant uses standard costing. There is one fixed manufacturing overhead cost, depreciation on plant and equipment. The journal entry to record the depreciation
A manufacturing plant uses standard costing. There is one fixed manufacturing overhead cost, depreciation on plant and equipment. The journal entry to record the depreciation would include a debit to:
a.
depreciation expense
b.
accumulated depreciation
c.
fixed overhead allocated
d.
fixed overhead control
e.
fixed overhead budget
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