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Managerial information can be verified. Yes or No? Please discuss giving reasons. Your answer What is the accounting entry for the Sale of Finished Goods?

Managerial information can be verified. Yes or No? Please discuss giving reasons.

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What is the accounting entry for the Sale of Finished Goods?

The sales staff salary is 50,000, advertisement cost is 30,000. Direct labor is 10,000 and direct labor hours are 2,000 and machine hours are 1,000. What is the Single Plant overhead rate? Show your work.

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