Question

Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is:

Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The

Ο Debit Work in Process Inventory $164,000, credit Factory Overhead $164,000. Ο Debit Factory Overhead $260,760; credit Cash


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answer:

Work in process inventory $260760
Factory OVERHEAD $260760

Explanation

Direct labour ×159%

$164000×159%=$260760

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