Factory overhead is often collected and summarized in a subsidiary factory overhead ledger.

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Brittanny Latoski · Accepted Answer

Final Answer : True, Explanation :  This is true. Factory overhead costs are typically recorded in a separate ledger known as the factory overhead ledger, which tracks expenses such as rent, utilities, depreciation, and indirect labor. This information is then used to calculate the predetermined overhead rate and allocate overhead costs to production.

Factory overhead is often collected and summarized in a subsidiary factory overhead ledger.

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