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Traves Corporation incurred $69,000 of actual Manufacturing Overhead costs during October. During the same period,...

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Accounting

Traves Corporation incurred $69,000 of actual Manufacturing Overhead costs during October. During the same period, the Manufacturing Overhead applied to Work in Process was $68,000. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a:

debit to Manufacturing Overhead of $68,000

credit to Manufacturing Overhead of $68,000

debit to Work in Process of $69,000

credit to Work in Process of $69,000

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