For Sheridan Company, the predetermined overhead rate is 70% of direct labor cost. During the month,...

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For Sheridan Company, the predetermined overhead rate is 70% of direct labor cost. During the month, $600000 of factory labor was incurred of which $130000 is indirect labor. Actual overhead incurred was $310000. The amount of overhead charged to Work in Process Inventory is O $329000 O $310000 O $420000 O $470000 eTextbook and Media For Sheridan Company, the predetermined overhead rate is 70% of direct labor cost. During the month, $600000 of factory labor was incurred of which $130000 is indirect labor. Actual overhead incurred was $310000. The amount of overhead charged to Work in Process Inventory is O $329000 O $310000 O $420000 O $470000 eTextbook and Media