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Knowledge Check 01 Dream House Builders, Inc, applies overhead by linking it to direct labor. At the start of the current period, management predicts total

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Knowledge Check 01 Dream House Builders, Inc, applies overhead by linking it to direct labor. At the start of the current period, management predicts total direct labor costs of $100.000 and total overhead costs of $20,000. On January 31, the direct labor for this job equals $2,700. Complete the following journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debitor credit cokimins. View transaction list Journal entry worksheet 1 Dream House Builders, Inc. applies overhead by linking it to direct labor. At the start of the current period, management predicta total direct labor costs of $100,000 and total overhead costs of $20,000, On January 31, the direct labor for this job equals $2,700. Note Enter debits before credits Dault Credit Dato Jan 31 General Journal Work in process inventory Factory overhead Record entry Clear entry View general journal

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