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For Adams Company, the predetermined overhead rate is 70% of direct labor cost. During the month, $51,500 of factory labor costs are incurred, of which
For Adams Company, the predetermined overhead rate is 70% of direct labor cost. During the month, $51,500 of factory labor costs are incurred, of which $18,500 is indirect labor. Actual overhead incurred was $18,800. What amount of overhead should be debited to the Work in Process Inventory account? $36,050 $23,100 $18,800 $13,160
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