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During first quarter 2014, Juan Company incurs the following direct labor costs: January $60,000, February $40,000 and March $50,000. For each month, prepare the entry
During first quarter 2014, Juan Company incurs the following direct labor costs: January $60,000, February $40,000 and March $50,000. For each month, prepare the entry to assign overhead to production using a predetermined rate 80% of direct labor cost.
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