a. | Indirect Material requisitioned | $54,000 |
(339,000 - 285,000) | ||
b. | Indirect Labor incurred | $76,500 |
(531,000 - 454,500) | ||
c. | Manufacturing overhead rate | 90.00% |
(409,050/454,500) | ||
d. | Under-applied by $2,500 | |
(411,600 - 409,050) | ||
Determine and Use Overhead Rate The following selected ledger accounts of Cameron Company are for February...
Question 1 Not complete Marked out of 0.50 P Flag question Determine and Use Overhead Rate The following selected ledger accounts of Cameron Company are for February (the second month of its accounting year): Materials Inventory Feb. 1 balance 31,500 February credits 105,000 February debits 104,000 Manufacturing Overhead February debits 163,350 Feb. 1 balance 11,600 February credits 166,650 Work in Process Inventory Feb. 1 balance 22,400 February credits 375,000 February debits: Direct material 95,000 Direct Labor 151,500 Man. overhead 166,650...
Question 7 Not complete Marked out of 4.00 P Flag question Determine and Use Overhead Rate The following selected ledger accounts of Cameron Company are for February (the second month of its accounting year): Materials Inventory Feb. 1 balance 81.900 February credits 293,800 February debits 270,400 Manufacturing Overhead February debits 356.720 Feb. 1 balance 30.160 February credits 354,510 Work in Process Inventory Feb. 1 balance 58.240 February credits 897.000 February debits: Direct material 274,000 Direct Labor 393.900 Man overhead 354,510...
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usinessCourse E Menu İ QUESTION! Not complete Marked out of 9.00 F Flag question Determine and Use Overhead Rate The following selectedledger accounts of Cameron Company are for February (the second month of ts accounting year) Fir Materials Inventory Feb. 1 balance 31,500 February credits 113,000 February debits 104,000 Manufacturing Overhead February debits 137,200 Feb. 1 balance 11,600 February credits 136,350 Work in Process Inventory Feb. 1 balance February debits: Direct material Direct Labor Man. overhead 22,400 February...
selected T accounts for Moore Company
Selected T-accounts for Moore Company are given below for the just completed year: Raw Materials Manufacturing Overhead Credits 36,000 440,000 Debits 218,000 Credits Bal. 1/1 Debits Bal. 12/31 53,000 Work in Process Debits Credits 450,000 Bal. 1/1 Direct materials 79,000 330,000 Factory Wages Payable 172,000 Bal. 1/1 13,00 Credits 183,000 Bal. 12/31 24,00 Direct labor Overhead 154,000 261,800 Bal. 12/31 Finished Goods Cost of Goods Sold 45,000 Credit Bal. 1/1 Debits Debits Bal. 12/31...
1. The following selected ledger accounts of the Reynolds Manufacturing Company are for July. Materials Inventory July 1 balance …………………….. 150,000 July credits ……………………. 550,000 July debits ………………………….. 475,000 Manufacturing Overhead July debits ……………………...... 638,000 July 1 balance…………………… 50,000 July credits ……………………… 608,000 Work in Process Inventory July 1 balance …………………….. 100,000 July credits …………………… 1,650,000 July debits: Direct material …………………… 488,000 Direct labor ………………………… 675,000 Manufacturing overhead ………….. ? Wages Payable July debits …………………….. 850,000 July 1 balance……………………. 188,000...
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 203,200 Credits ? Debits ? Bal. 1/1 Debits Bal. 12/31 Raw Materials 25,000 Credits 140,000 35,000 Work in Process 30,000 Credits 100,000 180,000 223,200 500,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Wages Payable 205,000 Bal. 1/1 Credits Bal. 12/31 14,000 200,000 9,000 Cost of Goods Sold Finished Goods 50,000 Credits ? Debits Bal. 1/1 Debits Bal. 12/31 75,000 Required: 1....
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 188,400 Credits 2 Debits ? Bal. 1/1 Debits Bal. 12/31 530,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Raw Materials 35,000 Credits 160,000 45,000 Work in Process 40,000 Credits 110,000 210,000 218,400 ? Finished Goods 60,000 Credits ? 90,000 Factory Wages Payable 225,000 Bal. 1/1 Credits Bal. 12/31 19,000 220,000 14,000 Cost of Goods Sold ? Debits Bal. 1/1 Debits Bal. 12/31...
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 196,800 Credits ? Debits Bal. 1/1 Debits Bal. 12/31 Raw Materials 29,000 Credits 148,000 39,000 Work in Process 34,000 Credits 104,000 192,000 220,800 512,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Wages Payable 213,000 Bal. 1/1 Credits | Bal. 12/31 16,000 208,000 11,000 Cost of Goods Sold Finished Goods 54,000 Credits ? Debits Bal. 1/1 Debits Bal. 12/31 81,000 Required: 1....
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 194,100 Credits ? Debits Bal. 1/1 Debits Bal. 12/31 Raw Materials 32,000 Credits 154,000 42,000 Work in Process 37,000 Credits 107,000 201,000 221,100 521,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Wages Payable 219,000 Bal. 1/1 Credits | Bal. 12/31 17,500 214,000 12,500 Cost of Goods Sold Finished Goods 57,000 Credits ? Debits ? Bal. 1/1 Debits Bal. 12/31 ? 85,500...
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 210,800 Credits Debits Bal. 1/1 Debits Bal. 12/31 Raw Materials 21,000 Credits 132,000 31,000 Work in Process 26,000 Credits 96,000 168,000 226,800 488,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Wages Payable 197,000 Bal. 1/1 Credits | Bal. 12/31 12,000 192,000 7,000 Cost of Goods Sold Finished Goods 46,000 Credits 2 ? Debits Bal. 1/1 Debits Bal. 12/31 69,000 Required: 1....