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During April, Orbitz Corporation Incurred $64,000 of Actual Manufacturing Overhead

Question 107

Essay

During April, Orbitz Corporation incurred $64,000 of actual manufacturing overhead costs. During the same period, the manufacturing overhead applied to Work-in-Process was $66,000.
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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