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Firlit Corporation incurred $69,000 of actual Manufacturing Overhead costs during October. During the same period, the Manufacturing Overhead applied to Work in Process was $70,000. The journal entry to record the incurrence of the actual Manufacturing Overhead costs would include a .
A) debit to Work in Process of $70,000B) credit to Work in Process of $70,000C) debit to Manufacturing Overhead of $69,000D) credit to Manufacturing Overhead of $69,000
Answers: 2
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Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?
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Firlit Corporation incurred $69,000 of actual Manufacturing Overhead costs during October. During th...
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