Homework Answers
Solution:
| Factory Overhead | |||
| Particulars | Debit | Credit | Particulars |
| Actual overhead | $1,130,000.00 | $813,750.00 | Overhead applied |
| $316,250.00 | Underapplied overhead | ||
| Total | $1,130,000.00 | $1,130,000.00 | Total |
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Saved Help Save & Exit Submi 22 A company applies overhead at a rate of 155%...
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A company applies overhead at a rate of 150% of direct labor cost. Actual overhead cost...
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E o Saved Help Save & Exit Submit A manufacturing uses a predetermined overhead rate of $19.10 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $246,390 of total manufacturing overhead for an estimated activity level of 12,900 direct labor-hours. The company actually incurred $245,000 of manufacturing overhead and 12,400 direct labor hours during the period. 1. Determine the amount of underapplied or overapplied manufacturing overhead for the period. 2. Assume that the company's underapplied...
Saved Help Save & Exit Sub Manufacturing overhead was estimated to be $322,000 for the year along with 23,000 direct labor hours. Actual manufacturing overhead was $339,250 and actual labor hours were 25,500. The amount of manufacturing overhead applied to production would bei Multiple Choice 5322.000 $376,125 5357.000 $339.250
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