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. Dale Company, which applies overhead at the rate of 190% of direct labor cost, began work on job no. 101 during June. The job was completed in July and sold during August, having accumulated direct material and labor charges of P27,000 and P15,000, respectively. On the basis of this information, the total overhead applied to job no. 101 amounted to: a. PO. b. P28,500. C. P51,300. d. P70,500.

. Dale Company, which applies overhead at the rate of 190% of direct labor cost, began work on job no. 101 during June. The job was completed in July and sold during August, having accumulated direct material and labor charges of P27,000 and P15,000, respectively. On the basis of this information, the total overhead applied to job no. 101 amounted to: a. PO. b. P28,500. C. P51,300. d. P70,500.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Dale Company, which applies overhead at the rate of 190% of direct labor cost, began work on job no. 101 during June. The job was completed in July and sold during August, having accumulated direct material and labor charges of P27,000 and P15,000, respectively. On the basis of this information, the total overhead applied to job no. 101 amounted to: a. PO. b. P28,500. c. P51,300. d. P70,500.
Transcribed Image Text:Dale Company, which applies overhead at the rate of 190% of direct labor cost, began work on job no. 101 during June. The job was completed in July and sold during August, having accumulated direct material and labor charges of P27,000 and P15,000, respectively. On the basis of this information, the total overhead applied to job no. 101 amounted to: a. PO. b. P28,500. c. P51,300. d. P70,500.
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