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Exercise 19-14 Adjusting factory overhead P4 Record the journal entry to close over- or underapplied factory overhead to Cost of Goods Sold for each of

Exercise 19-14 Adjusting factory overhead P4 Record the journal entry to close over- or underapplied factory overhead to Cost of Goods Sold for each of the two companies below. Storm Concert Promotions Valle Home Builders - Actual indirect materials costs. Actual indirect labor costs Other overhead costs.. Overhead applied. $22.000 46.000 17.000 88,200 $ 12,500 46.500 47.000 105.200

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