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Ebeth Companys direct labor costs were $190,000 for May 20X1. Assume that the company applies overhead at the rate of 60 percent of direct labor
Ebeth Companys direct labor costs were $190,000 for May 20X1. Assume that the company applies overhead at the rate of 60 percent of direct labor costs.
Required:
Give the general journal entry for May summarizing the overhead applied for the month.
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