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Direct material-indirect material-factory overhead accounts

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Reference no: EM132067548

Apply from direct materials requisition $2,800.00 of direct materials. Apply from indirect materials requisition $325.00 of indirect materials. Apply from time cards $7,950.00 of direct labor. Applied factory overhead is based on 25% of direct labor cost. Transfer the completed job to the Cost of Goods Sold account from Direct Material and Indirect Material and Factory Overhead accounts.

Reference no: EM132067548

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