Reynolds Manufacturers Inc. has estimated total factory overhead costs of $85,600 and expected direct labor hours...
Reynolds Manufacturers Inc. has estimated total factory overhead costs of $85,600 and expected direct labor hours of 10,700 for the current fiscal year. If job number 117 incurs 1,830 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for
a.$85,600
b.$1,830
c.$42,800
d.$14,640
Homework Answers
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Debit to wip and credit to factory overhead credited for = (85,600/10,700) *1830 = 8*1830 = 14640 Option D is the answer |
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Reynolds Manufacturers Inc. has estimated total factory overhead costs of $85,600 and expected direct labor hours...
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Reynolds Manufacturers Inc. has estimated total factory overhead costs of $118,000 and expected direct labor hours of 11.00 for the current focal year. If job number 117 Incurs 1,620 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for a. $1,620 b. $16,200 c. $59,000 d. $118,000
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