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Business, 08.01.2020 21:31 sarn8899

Ea12.
lo 4.7during the month, job ab2 used specialized machinery for 450 hours and incurred $500 in utilities on account, $300 in factory depreciation expense, and $100 in property tax on the factory. prepare journal entries for the following:

record the expenses incurred.
record the allocation of overhead at the predetermined rate of $1.50 per machine hour.

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