Refer to the data for the preceding exercise for Oneida Restaurant Supply Company. Prepare a journal entry

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Refer to the data for the preceding exercise for Oneida Restaurant Supply Company. Prepare a journal entry to add to work-in-process inventory the total manufacturing overhead cost for the year, assuming:
1. The firm uses actual costing.
2. The firm uses normal costing, with a predetermined overhead rate based on machine hours.

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Managerial Accounting

ISBN: 9780073022857

7th Edition

Authors: Ronald W Hilton

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