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Read the reauiremects Requirement 1. What is the nomad spoinge rate? Select the formula, then...

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Accounting

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Read the reauiremects Requirement 1. What is the nomad spoinge rate? Select the formula, then calculate the normal spolage rate. (Rlound the percentage to the nearest tenth percent, x.) considered to be abnormal spollage. (Record debits frist, then credis. Excluse erplanations from any joumal entiles.) 2. The spoilage is related to a specific job. b. The spoilage is common to all jobs: Journal Entry 1. What is the normal spoilage rate? 2. Prepare the journal entries to record the normal spoilage, assuming the following: a. The spoilage is related to a specific job. b. The spoilage is common to all jobs. c. The spoilage is considered to be abnormal spoilage

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