The following journal entry records the application of manufacturing overhead for the month of August: Work...
The following journal entry records the application of manufacturing overhead for the month of August:
|
Work in process |
$90359 |
|
|
Manufacturing overhead |
$90359 |
The overhead is applied on the basis of direct labour-hours. During
August, 16518 direct labour-hours were incurred. The budgeted
direct labour-hours for the month was 11690 hours. Job Z used 13715
direct labour-hours during August. What will the job cost sheet for
Job Z show for manufacturing overhead cost added during August?
a. $75026
b. $106011
c. $63948
d. $90359
Homework Answers
MANFACTURING OVERHEAD COST ADDED DURING AUGUST UNDER JOB COST SHEET FOR JOB Z :
GIVEN,
Total manufacturing overhead cost applied during august = $90359
Actual Direct labour hours were = 16518
And Out of 16518 hours, 13715 hours were used for Job Z.
Therefore,
Mfg. Overhead cost added during august = ($90359 ÷ 16518)×13715 = $75026.
Option (a) is the Correct one.
_____×_____
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