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C-Cubed's accountant calculated the applied manufacturing overhead for two jobs: $140 for Mountain Biker Job and $80 for Road Racer Job. The actual manufacturing overhead
C-Cubed's accountant calculated the applied manufacturing overhead for two jobs: $140 for Mountain Biker Job and $80 for Road Racer Job. The actual manufacturing overhead was $130 for Mountain Biker Job and $120 for Road Racer Job. Write the journal entry where the overapplied or underapplied overhead is closed to the Cost of Goods Sold
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