Tex Corp has the following budgeted data: MFG Overhead: $380,000 MACH HRS (Driver) are as follows:...

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Tex Corp has the following budgeted data: MFG Overhead: $380,000 MACH HRS (Driver) are as follows:...

Tex Corp has the following budgeted data:

MFG Overhead: $380,000

MACH HRS (Driver) are as follows:

Job 10: 10,4000

Job 11: 7,800

Job 12: 18,200

Job 13: 15,600

Jobs 10, 11 & 12 were finished. Job 10 was sold. What is overhead applied in COGS?

business accounting

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Answer 1

Answer #1

Whenever a driver is given for some overhead, we need to apply overhead in proportion of that driver therefore Job 10 Job 11

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Answer 2

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