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A summary of the time tickets for August follows: Required: Present the journal entries to record (a) the labor cost incurred and (b) the application

image text in transcribed A summary of the time tickets for August follows: Required: Present the journal entries to record (a) the labor cost incurred and (b) the application of factory overhead to production for August. The factory overhead rate is 70% of direct labor cost. Refer to the Chart of Accounts for exact wording of account titles

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