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Question(s) / Instruction(s):

A furniture factory's employees work overtime to finish an order that is sold on February 28.  The office sends a statement to the customer in March and payment is received in March.  The overtime wages should be expensed in:  

a)            February

b)            March

c)            the period when the workers get paid.

d)            either in February or March depending on when the pay period ends.

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