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The Cavy Company estimates that the factory overhead for the following year will be $926,900. The company has decided that the basis for applying factory
The Cavy Company estimates that the factory overhead for the following year will be $926,900. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 40,300 hours. The machine hours for the month of April for all of the jobs were 4,700 Prepare the journal entry to apply factory overhead. Cash Cost of Goods Sold Factory Overhead Materials Work in Process
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