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Ruiz Engineering Contractors incurred service salaries and wages of $36,400 ($28,000 direct and $8,400 indirect) on an engineering project. The company applies overhead at a
Ruiz Engineering Contractors incurred service salaries and wages of $36,400 ($28,000 direct and $8,400 indirect) on an engineering project. The company applies overhead at a rate of 20% of direct labor. Record the entries to assign service salaries and wages and to apply overhead. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
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