At Ely Company, overhead is assigned to production departments at the rate of $5 per machine…

At Ely Company, overhead is assigned to production departments at the rate of $5 per machine…

At Ely Company, overhead is assigned to production departments at the rate of $5 per machine hour. In July, machine hours were 3,000 in the Machining Department and 2,400 in the Assembly Department. Prepare the entry to assign overhead to production.

At Ely Company, overhead is assigned to production departments at the rate of $5 per machine…

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