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The Journal Entry to Record the Allocation of Any Underapplied

Question 126

Multiple Choice

The journal entry to record the allocation of any underapplied or overapplied manufacturing overhead for November would include the following:


A) debit to Work in Process of $16,240
B) credit to Work in Process of $16,240
C) debit to Work in Process of $180
D) credit to Work in Process of $180

Correct Answer:

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