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The $5,000 balance in the T-account below represents overapplied manufacturing overhead for the period. ...

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Accounting

The $5,000 balance in the T-account below represents overapplied manufacturing overhead for the period.

Manufacturing Overhead
(2) 4,000 (7) 180,000
(3) 30,000
(4) 80,000
(5) 40,000
(6) 36,000
190,000 180,000
Bal. 10,000

True

False

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