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The work in process inventory account of manufacturing company has $12,960 debit balance. The company...

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Accounting

The work in process inventory account of manufacturing company has $12,960 debit balance. The company applies overhead using debit using direct labor cost. The cost sheet of the only job still in process shows direct material cost of $4000 and direct labor cost of $2800. Therefor, the companys predeferated overhead title is

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