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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. Beginning WIP Direct materials
Using the following accounts and a predetermined overhead rate of 90% of direct labor cost, determine the amount of applied overhead. Beginning WIP Direct materials Direct labor Applied overhead Work in Process Inventory 23,100 69,300 ? 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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