Answer | ||||
Overhead rate |
55% | 5995 / 10900 | ||
No | Account | Debit | Credit | |
a | Work in Process | $ 88,610 | 28340+13250+38860+8160 | |
Factory Overhead | $ 2,740 | |||
Materials | $ 91,350 | |||
b | Work in Process | $ 30,100 | 10900+5600+12000+1600 | |
Factory Overhead | $ 33,140 | |||
Wages Payable | $ 63,240 | |||
c | Work in Process | $ 16,555 | 30100*55% | |
Factory Overhead | $ 16,555 | |||
d | Finished Goods | $ 67,165 | 45235+21930 | |
Work in Process | $ 67,165 | |||
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