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Vaughan company applies FOH based on machine hours (MH). At the beginning of the year estimated FOH was $200,000 and estimated MH were 10,000. At
Vaughan company applies FOH based on machine hours (MH). At the beginning of the year estimated FOH was $200,000 and estimated MH were 10,000. At the end of the year. Actual FOH was $240,000 and actual MH were 9,000. At the end of the year FOH wa Select] by Select and the underapplied overapplied journal entry necessary to ovcar end will include 1 Select ] Vaughan company applies FOH based on machine hours (MH). At the beginning of the year estimated FOH was $200,000 and estimated MH were 10,000. At the end of the year. Actual FOH was $240,000 and actual MH were 9,000. At the end of the year FOH was (Select] bv [Select) $60,000 $20,000 journal entry necessary to resolve the issue at year end $40,000 some amount other than those shown Vaughan company applies FOH based on machine hours (MH). At the beginning of the year estimated FOH was $200,000 and estimated MH were 10,000. At the end of the year. Actual FOH was $240,000 and actual MH were 9,000. At the end of the year FOH was (Select] by (Select] and the journal entry necessary to resolve the issue at year end will includ (Select) none of the choices are correct debit WIP Inventory debit to Factory Overhead credit Factory Overhead credit CGS
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