A company allocates overhead at a rate of 150 of direct
A company allocates overhead at a rate of 150% of direct labor cost. Actual overhead cost for the current period is $ 950,000, and direct labor cost is $ 600,000. Prepare the entry to close over or under applied overhead to cost of goods sold.
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a company allocates overhead at a rate of 150 of direct labor cost actual overhead cost for the current period is
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