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For Marigold Corp., the predetermined overhead rate is 70% of direct labor cost. During the month, $300000 of factory labor costs are incurred of which
For Marigold Corp., the predetermined overhead rate is 70% of direct labor cost. During the month, $300000 of factory labor costs are incurred of which $70000 is indirect labor. Actual overhead incurred was $290000. The amount of overhead debited to Work in Process Inventory should be:
$161000
$210000
$230000
$290000
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