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In: Accounting

ABC Company uses a Materials Inventory account to record both direct and indirect materials. ABC charges...

ABC Company uses a Materials Inventory account to record both direct and indirect materials. ABC charges direct materials to WIP, while indirect materials are charged to the Factory Overhead account. During the month of April, the company has the following cost information:

Total materials (direct and indirect) purchased $ 90,000
Indirect materials issued to production 30,000
Total materials issued to production 110,000
Beginning materials inventory 50,000

The debit to the Factory Overhead account is:

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ekkarill92 answered 1 year ago
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