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Question 15 Vaughn's Manufacturing calculated its predetermined overhead rate to be 180% of direct materials costs. For the month of July, the company incurred $120900
Question 15 Vaughn's Manufacturing calculated its predetermined overhead rate to be 180% of direct materials costs. For the month of July, the company incurred $120900 of raw material costs, of which $90500 were direct materials, and $30400 were indirect materials. Actual overhead incurred was $176000. What would be the debit entry to the Work in Process Inventory account for July with respect to manufacturing overhead? $176000 $162900 $217620 $zero, the account should be credited
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