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For Marigold Corp., the predetermined overhead rate is 70% of direct labor cost. During the month, $500000 of factory labor costs are incurred of
For Marigold Corp., the predetermined overhead rate is 70% of direct labor cost. During the month, $500000 of factory labor costs are incurred of which $140000 is indirect labor. Actual overhead incurred was $310000. The amount of overhead debited to Work in Process Inventory should be: $350000 $310000 $360000 $252000
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