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Current Attempt in Progress For Sheridan Company, the predetermined overhead rate is 120% of direct labour cost. During the month of June 2022, Sheridan
Current Attempt in Progress For Sheridan Company, the predetermined overhead rate is 120% of direct labour cost. During the month of June 2022, Sheridan incurred $55,880 of factory labour costs, of which $49,170 was direct labour and $6,710 was indirect labour. Actual overhead incurred in June 2022 was $70,280 Calculate the amount of manufacturing overhead applied during the month. Manufacturing overhead applied $ List of Accounts Determine the amount of under-applied or over-applied manufacturing overhead. Manufacturing overhead $ List of Accounts Prepare the adjusting entry for the under-applied or over-applied overhead. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit
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