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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 34,600
Using the following accounts and an overhead rate of 150% of direct labor cost, compute the amount of applied overhead. Work in Process Inventory 34,600 54,800 Beginning WIP Direct materials Direct labor Factory Overhead To Finished Goods Ending WIP 203,300 24,600 Finished Goods Inventory 4,600 203,300 Beginning FG Cost of Goods Mfg'd
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