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Fanning Company and Finch Company both apply overhead to the Work in Process Inventory account...

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Accounting

Fanning Company and Finch Company both apply overhead to the Work in Process Inventory account using direct labor hours. The following information is available for both companies for the year.
\table[[,\table[[Fanning],[Company]],\table[[Finch],[Company]]],[Actual manufacturing overhead,$145,750,$261,600
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