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12 February, 18:32

What account is credited when overhead cost is applied to work in process? would you expect the amount applied for a period to equal the actual overhead costs of the period? why or why not?

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  1. 12 February, 18:50
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    The manufacturing overhead account would be credited for work in process.

    The amount applied may or may not actually equal the overhead costs applied because overhead is generally based on an estimate.
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