Selected accounts with some amounts omitted are as follows
Work in Process | |||||
Aug. 1 | Balance | 271,500 | Aug. 31 | Goods finished | 179,600 |
31 | Direct materials | X | |||
31 | Direct labor | 46,700 | |||
31 | Factory overhead | X |
Factory Overhead | |||||
Aug. 1 – 31 | Costs incurred | 117,800 | Aug. 1 | Balance | 16,000 |
31 | Applied | X |
If the balance of Work in Process at August 31 is $214,400, what was the amount debited to Work in Process for factory overhead in August, assuming a factory overhead rate of 30% of direct labor costs?
$117,800
$16,000
$14,010
$179,600
Factory overhead = Direct labor cost*Overhead applied
= 46700*30%
Factory overhead = 14010
So answer is c) $14010
Selected accounts with some amounts omitted are as follows Work in Process Aug. 1 Balance 271,500...
Selected accounts with some amounts omitted are as follows Work in Process Aug. 1 Balance 252,100 Aug. 31 Goods finished 162,800 31 Direct materials X 31 Direct labor 43,300 31 Factory overhead X Factory Overhead Aug. 1 – 31 Costs incurred 118,900 Aug. 1 Balance 14,100 31 Applied X If the balance of Work in Process on August 31 is $202,900, what was the amount debited to Work in Process for factory overhead in August, assuming a factory overhead rate...
Selected accounts with some amounts omitted are as follows Work in Process Aug. 1 Balance 252,100 Aug. 31 Goods finished 162,800 31 Direct materials X 31 Direct labor 43,300 31 Factory overhead X Factory Overhead Aug. 1 – 31 Costs incurred 118,900 Aug. 1 Balance 14,100 31 Applied X If the balance of Work in Process on August 31 is $202,900, what was the amount debited to Work in Process for factory overhead in August, assuming a factory overhead rate...
Selected accounts with some amounts omitted are as follows Work in Process 254,200 Aug. 31 Goods finished 137,900 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead 42,800 Factory Overhead Aug. 1-31 Costs incurred 106,100 Aug. 1 Balance 16,000 31 Applied х If the balance of Work in Process on August 31 is $197,400, what was the amount debited to Work in Process for factory overhead in August, assuming a factory overhead rate of 30% of direct...
Selected accounts with some amounts omitted are as follows Work in Process Aug. 275,000 31 Aug. 1 Balance Goods finished 1,030,000 31 Direct materials 31 Direct labor 450,000 31 Factory overhead Factory Overhead Aug. 1 -31 Costs incurred Aug. 145,0001 Balance 15,000 31 Applied If the balance of Work in Process on August 31 is $220,000, what was the amount debited to Work in Process for factory overhead in August, assuming a factory overhead rate of 30% of direct labor...
Selected accounts with some debits and credits omitted are presented as follows: Work in Process Aug. 1 Balance 275,000 Aug. 31 Goods finished 1,030,000 31 Direct materials X 31 Direct labor 450,000 31 Factory overhead X Factory Overhead Aug. 1-31 Costs incurred 145,000 Aug. 1 Balance 15,000 31 Applied X If the balance of Work in Process at August 31 is $220,000, what was the amount debited to Work in Process for factory overhead in August, assuming a factory overhead...
Selected accounts with amounts omitted are as follows Work in Process 253,460 Aug. 31 Goods finished Balance Aug. 1 135,060 Direct materials 31 X Direct labor 31 36,900 31 Factory overhead X Factory Overhead 99,830 Aug. 1 Balance Aug. 1 31 Costs incurred 15,250 31 Applied (30% of direct labor cost) X If the balance of Work in Process on August 31 is $219,490, what was the amount debited to Work in Process for direct materials in August? a. $374,790...
QUESTION 10 Selected accounts with amounts omitted are as follows Work in Process 275,000 Aug. 31 Goods finished 1,030,000 Aug. 1 Balance 31 Direct materials 31 Direct labor 31 Factory overhead 450,000 Factory Overhead Aug. 1- Costs incurred 145,000 Aug. 1 Balance 31 31 Applied (30% of direct labor cost) 15,000 If the balance of Work in Process on August 31 is $220,000, what was the amount debited to Work in Process for direct materials in August? a. $170,000 b....
10. Selected accounts with some debits and credits omitted are presented as follows: Aug. 1 31 31 31 1.030,000 Work in Process 275,000 Aug 31 Goods finished х 450,000 Balance Direct materials Direct labor Factory overhead Aug. 1-31 Costs incurred Factory Overhead 145,000 Aug. 1 15,000 31 Balance Applied A (30% of direct labor cost) If the balance of Work in Process at August 31 is $220,000, what was the amount debited to Work in Process for direct materials in...
Work in Process Aug. 1 Balance 269,900 Aug. 31 Goods finished 136,600 31 Direct materials X 31 Direct labor 44,000 31 Factory overhead X Factory Overhead Aug. 1 – 31 Costs incurred 99,500 Aug. 1 Balance 15,800 31 Applied X If the balance of Work in Process on August 31 is $202,000, what was the amount debited to Work in Process for factory overhead in August, assuming a factory overhead rate of 30% of direct...
Selected accounts with some amounts omitted are as follows Work in Process Oct. 1 Balance 23,400 Oct. 31 Goods finished X 31 Direct materials 91,000 31 Direct labor 161,800 31 Factory overhead X Finished Goods Oct. 1 Balance 12,800 31 Goods finished 344,400 If the balance of Work in Process on October 31 is $202,900, what was the amount of factory overhead applied in October? a.$388,100 b.$271,100 c.$91,000 d.$161,800