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The following information is given for Esquimalt Corporation's fixed manufacturing overhead: Required: In the space provided below or on the provided spreadsheet, prepare the four
The following information is given for Esquimalt Corporation's fixed manufacturing overhead:
Required: In the space provided below or on the provided spreadsheet, prepare the four (4) journal entries to record the 1) actual costs, 2) the allocated costs, and 3) recording the variances and closing of the control and allocated accounts, and 4) complete the closing entry by closing out the variances to Cost of Goods Sold.
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