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Make journal entries required to dispose off over or under

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Reference no: EM13592476

Make journal entries required to dispose off over or under applied manufacturing overhead assuming it is allocated among work in process, finished goods and cost of goods sold based on ending balaces:

  • work in process 240
  • finished good 300
  • cost of good sold 360
  • factory overhead (under applied ) 4.2
  • amount of factory overhead applied 2010 40

Reference no: EM13592476

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