Victryl Company applies overhead based on direct labor hours. At the beginning of the year, Victryl last year's overhead to be $700,000, machine hours to be 200,000, and direct labor hours to be 35,000.
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Betty Smith is the owner of the Accurate Tax Service. For the year ended 12/31/17 the following information is available for this service business: Cash, $62,500; Accounts receivable, $3,700; Office Furniture & Fixtures, $11,300;
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