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Your answer is partially correct. Try again. During the first quarter, Coronado Company incurs the following direct labor costs: January $54,700, February $57,200, and March

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Your answer is partially correct. Try again. During the first quarter, Coronado Company incurs the following direct labor costs: January $54,700, February $57,200, and March $75,000 For each month, prepare the entry to assign overhead to production using a predetermined rate of 72% of direct labor cost. (Credit account titles are automatically indented when amount Is entered. Do not Indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Jan. 31 : Work in Process Inventory 75,972 75,972 Manufacturing Overhead Feb. 28 : Work in Process Inventory Manufacturing Overhead 104166 Mar. 31 : Work in Process Inventory 104166 Manufacturing Overhead W Click if you would like to Show Work for this question: Open Show Work

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