Advanced Accounting
7th Edition
ISBN: 9781119373209
Author: JETER, Paul K. Chaney
Publisher: WILEY
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Chapter 6, Problem 1E
Prepare in general journal form all consolidated financial statement workpaper entries necessary at the end of the year to eliminate the effects of the 2019 intercompany sales.
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Bentley Enterprises estimated manufacturing overhead for the year at $420,000. Manufacturing overhead for the year was overapplied by $25,000. The company applied $380,000 to Work in Process. The amount of actual overhead would have been_____.
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