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Using the following accounts and an overhead rate of 150% of direct labor cost, compute the amount of applied overhead. Work in Process Inventory
Using the following accounts and an overhead rate of 150% of direct labor cost, compute the amount of applied overhead. Work in Process Inventory Beginning WIP Direct materials Direct labor 34,300 54,500 ? Factory Overhead ? To Finished Goods Ending WIP 24,300 173,300 Beginning FG Cost of Goods Mfg'd Finished Goods Inventory 4,300 173,300
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