Rize Company reports the following (partial) T-account activity at the end of its first year...

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Accounting

Rize Company reports the following (partial) T-account activity at the end of its first year of operations. Factory Overhead Debit Credit 81,600 408,400 126,200 195,500 Compute the under- or overapplied overhead for the year. Prepare the journal entry to close Factory Overhead to Cost of Goods Sold

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