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Business, 19.12.2019 06:31 janreyes39

Morris company applies overhead based on direct labor costs. for the current year, morris company estimated total overhead costs to be $400,000, and direct labor costs to be $2,000,000. actual overhead costs for the year totaled $380,000, and actual direct labor costs totaled $1,800,000. at year-end, the balance in the factory overhead account is a

a. 17 $380,000 debit balance.

b. $360,000 debit balance

c. $20,000 debit balance

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