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The following information is available for ADT Company, which produces special-order security products and uses a job order costing system. Overhead is applied using a
The following information is available for ADT Company, which produces special-order security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost. Exercise 15-15 (Algo) Recording actual and applied overhead LO P3 1. Incurred other actual overhead costs (all paid in Cash). 2. Applied overhead to work in process. Prepare journal entries for the above transactions for the period. Journal entry worksheet Record the entry for other actual overhead costs incurred (all paid in Cash). Note: Enter debits before credits
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