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What the entry to the cost of goods sold account

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Question - The following information relates to Heng & Co. for the year:

Actual Direct Labour Costs $80,000

Actual Direct Labour Rate per Hour $8

Factory Overhead Rate per Direct Labour Hour $9.80

Factory Overhead incurred $104,000

Assuming underapplied or overapplied overhead is transferred to cost of goods sold at the end of the period, what the entry to the cost of goods sold account?

Reference no: EM133154102

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