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In July, Essinger Inc. incurred $72,000 of direct labor costs and $3,000 of indirect labor costs. The journal entry to record the accrual of these
In July, Essinger Inc. incurred $72,000 of direct labor costs and $3,000 of indirect labor costs. The journal entry to record the accrual of these wages would include a:
credit to Manufacturing Overhead of $3,000
credit to Work in Process of $75,000
debit to Work in Process of $75,000
debit to Manufacturing Overhead of $3,000
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