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For Swifty Company, the predetermined overhead rate is 70% of direct labor cost. During the month, $660000 of factory labor costs are incurred of which
For Swifty Company, the predetermined overhead rate is 70% of direct labor cost. During the month, $660000 of factory labor costs are incurred of which $120000 is indirect labor. Actual overhead incurred was $360000. The amount of overhead debited to Work in Process Inventory should be $378000 O $540000 O $360000 O $462000
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