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What should be balance in manufacturing overhead account

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Question - KPR Contracting Co. manufacturers and sells tools and equipment for general contractors. For their main product, the Company incurs approximately the following costs:

$5.75 in Direct Materials

$10.90 in Direct Labor

$2.27 in Electricity

$2.48 in Rent Expense for their Retail Store

Required - What should be the balance in the Manufacturing Overhead Account as of year-end? Why?

Reference no: EM133065959

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