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The company applies overhead at a rate of 25 of direct

Question - Ruiz Engineering Contractors incurred service salaries and wages of $36,000 ($28,000 direct and $8,000 indirect) on an engineering project. The company applies overhead at a rate of 25% of direct labor. Record the entries to assign service salaries and wages and to apply overhead.

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Accounting Basics: The company applies overhead at a rate of 25 of direct

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