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Question Content Area A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead
Question Content Area A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $341,200 and direct labor hours would be 44,100. Actual manufacturing overhead costs incurred were $306,700, and actual direct labor hours were 50,800. The journal entry to apply the factory overhead costs for the year would include a a.credit to Factory Overhead for $341,200 b.debit to Factory Overhead for $393,192 c.credit to Factory Overhead for $393,192 d.debit to Factory Overhead for $306,700
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