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During July at Tiner Corporation, $74,000 of raw materials was requisitioned from the storeroom for use in production.These raw materials included both direct and indirect
During July at Tiner Corporation, $74,000 of raw materials was requisitioned from the storeroom for use in production.These raw materials included both direct and indirect materials.The indirect materials totaled $7,000.The journal entry to record this requisition would include a debit to Manufacturing Overhead of:
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