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For Herro Company, the predetermined overhead rate is 130% of direct labor cost. During the month, $410,000 of factory labor costs are incurred of which
For Herro Company, the predetermined overhead rate is 130% of direct labor cost. During the month, $410,000 of factory labor costs are incurred of which $80,000 is indirect labor. Actual overhead incurred was $470,000. The amount of overhead debited to Work in Process Inventory should be
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