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How is the predetermined factory overhead rate are used in job order costing? How is the rate computed and how is it applied? Identify the

  • How is the predetermined factory overhead rate are used in job order costing? How is the rate computed and how is it applied?
  • Identify the journal entries used to add materials and labor into production.
  • What kind of company would use a job order cost system? How are costs accumulated by job as they move through production?

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