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During December, Mccroskey Corporation Incurred $66,000 of Actual Manufacturing Overhead

Question 67

Essay

During December, Mccroskey Corporation incurred $66,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $69,000.
Required:
Prepare journal entries to record the incurrence of manufacturing overhead and the application of manufacturing overhead to Work in Process.

Correct Answer:

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