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The Following Data Are Available for Jefferson Company

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The following data are available for Jefferson Company. The following data are available for Jefferson Company.   Required: a. Compute the predetermined rate based on direct labor hours. b. Prepare the journal entry to record the applied overhead for the month of May. Required:
a. Compute the predetermined rate based on direct labor hours.
b. Prepare the journal entry to record the applied overhead for the month of May.


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