Question: 18)Chen Service applied overhead on the basis of direct labor costs during the current year. Overhead applied was $16,500. Actual overhead incurred was $17,200. Prepare

during the current year. Overhead applied was $16,500. Actual overhead incurred was

18)Chen Service applied overhead on the basis of direct labor costs during the current year. Overhead applied was $16,500. Actual overhead incurred was $17,200. Prepare the adjusting journal entry for over or underapplied overhead

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