Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...

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Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At

business accounting

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Answer 1

Answer #1

1
Predetermined overhead rate	9.30	per DL hour	=169260/18200

2
Actual direct labor hours	1820
X Predetermined overhead rate	9.30
Applied manufacturing overhead	16926

3
Indirect Labor	2500
Indirect Materials	3400
Factory Rent	3230
Factory Supervision	4890
Factory Depreciation	5720
Factory Janitorial Work	1160
Factory Insurance	1720
Actual manufacturing overhead costs	22620

4
Actual manufacturing overhead costs	22620
Less: Applied manufacturing overhead	16926
Overhead underapplied	5694

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Answer 2

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