Business, 15.07.2020 14:01 liljohnsjs218
The direct labor rate in Brent Company is $9.00 per hour, and manufacturing overhead is
applied to products using a predetermined overhead rate of $6.00 per direct labor hour.
During May, the company purchased $60,000 in raw materials (all direct materials) and
worked 3,200 direct labor hours. The Raw Materials inventory (all direct materials) increased
by $3,000 between the beginning and end of May. The Work in Process inventory on May 1
consisted of one job which had been charged with $4,000 in direct materials and on which
300 hours of direct labor time had been worked. There was no Work in Process inventory on
May 31.
Required:
a)The debit to Work in Process for the cost of direct materials used during May was?
b)If overhead was over applied by $2500 during May, the actual overhead cost for the month must have been?
Answers: 1
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The direct labor rate in Brent Company is $9.00 per hour, and manufacturing overhead is
applied to...
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