Compute the moh variance and pass the journal entry

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Reference no: EM133541951

Question: Assuming Safe Pte Ltd uses normal costing and applies manufacturing overhead based on direct labour cost and if the pre-determined manufacturing overhead rate is 135%, determine the cost of goods manufactured. Compute the MOH variance and pass the journal entry to close off the Manufacturing Overhead Control account assuming that the MOH variance is immaterial.

Reference no: EM133541951

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