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upton upton
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6 years ago
If direct labor for the month is $100,000, and overhead is applied based on 75% of direct labor dollars, what is the entry to apply overhead?
A) Debit Work-in-Process Inventory $75,000; credit Payroll Payable $75,000
B) Debit Work-in-Process Inventory $75,000; credit Manufacturing Overhead-Applied $75,000
C) Debit Overhead-Applied $75,000; credit Work-in-Process Inventory $75,000
D) Debit Work-in-Process Inventory $100,000; credit Manufacturing Overhead-Applied $100,000
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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keytwokeytwo
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6 years ago
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upton Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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You make an excellent tutor!
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This site is awesome
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