The journal entry to record overhead allocated is debit Work in Process and credit Overhead Control.
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Q20: Manufacturing overhead includes all production costs except
Q21: The allocation rate in job costing is
Q22: Actual overhead is debited to the overhead
Q23: In actual costing overhead is allocated using
Q24: The allocation base is a measure of
Q26: The estimated allocation rate equals actual overhead
Q27: The amount of under or over applied
Q28: There are normally three inventory accounts in
Q29: Process costing assigns costs to cost pools
Q30: To calculate under or over applied overhead
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