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Marigolds Manufacturing calculated its predetermined overhead rate to be 200% of direct materials costs. For the month of July, the company incurred $119800 of raw
Marigolds Manufacturing calculated its predetermined overhead rate to be 200% of direct materials costs. For the month of July, the company incurred $119800 of raw material costs, of which $89500 were direct materials, and $30300 were indirect materials. Actual overhead incurred was $175900. What would be the debit entry to the Work in Process Inventory account for July with respect to manufacturing overhead?
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