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M-10(AIgo) rreparng Journal Entries [LU L-ST] Fairfield Company's payroll costs for the...

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Accounting

M-10(AIgo) rreparng Journal Entries [LU L-ST]
Fairfield Company's payroll costs for the most recent month are summarized here:
Required:
& 2. Prepare the journal entries for payroll and to apply manufacturing overhead to production. The company applies manufac overhead to products at a predetermined rate of $40 per direct labor hour.
Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.
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A Record Fairfield Company's payroll costs to be paid at a later date.
B Record the application of manufacturing overhead to production at a predetermined rate of $40 per direct labor hour.
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