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Required information [The following information applies to the questions displayed below.] Cooper Corporation produces decorator wall coverings. Budgeted production is 240,000 square feet per month,
Required information [The following information applies to the questions displayed below.] Cooper Corporation produces decorator wall coverings. Budgeted production is 240,000 square feet per month, and the standard direct labor requirement to make this amount is 6,000 hours. All overhead is allocated based on direct labor hours. The following information is available: The journal entry to apply overhead to Work in Process Inventory for the month included: Multiple Choice A debit to Work in Process Inventory of $13,630. A credit to Work in Process Inventory of $905. A debit to Work in Process Inventory of $16,250. A debit to Work in Process Inventory of $17,155
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