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Compute the Journal Entry to allocate Applied Overhead using the Weighted Average Method given the data below: MOHVD 900 1000 Current Balances are WIP $300,
Compute the Journal Entry to allocate Applied Overhead using the Weighted Average Method given the data below:
MOHVD
900 | 1000 |
Current Balances are WIP $300, FG $200, COGS $500:
MOVHD 100 WIP 30 FG 20 COGS 50 | ||
COGS 50 MOVHD 100 | ||
COGS 100 MOVHD 100 WIP 30 FG 20 COGS 50 | ||
MOVHD 100 COGS 100 |
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