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Using the following accounts and a predetermined overhead rate of 90% of direct labor cost, determine the amount of applied overhead. Work in Process Inventory

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Using the following accounts and a predetermined overhead rate of 90% of direct labor cost, determine the amount of applied overhead. Work in Process Inventory Beginning WIP 23, 100 69,300 Direct materials Direct labor ? Applied overhead ? ? To finished goods Ending WIP 47,430 Finished Goods Inventory Beginning FG 6,400 195,070 Ending FG Multiple Choice $71,100

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