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Fragon Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs at the beginning of the year the company estimated manufacturing overhead would be $150000and direct labor hours would be 10,000 or predeterminded rate of $15 per direct labor hors the actual figures for the year were $186,000 for manufacturing over head and 12,000 direct labor hours. The cost records for the year will show?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M958785

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