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Using the following accounts and an overhead rate of 130% of direct labor cost, compute the amount of applied overhead. Work in Process Inventory Beginning WIP 35,200 Direct materials 55,300 Direct labor ? Factory Overhead ? To Finished Goods 203,300 Ending WIP 25,200 Finished Goods Inventory Beginning FG 5,200 Cost of Goods Mfg'd 203,300 a. $60,000. b. $90,500. c. $138,000. d. $71,890. e. $78,000.
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