Selected accounts with amounts omitted are as follows:Work in ProcessAug. 1Balance251,200 Aug. 31Goods finished191,30031Direct materials31Direct labor43,90031Factory overheadFactory OverheadAug. 1 - 31 Costs incurred106,500 Aug. 1 Balance13,60031 AppliedXIf the balance of Work in Process on August 31 is $200,100, 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?Oa. $13,600b. $106,500Oc. $13,170d. $191,300

Answered: 43,900 Factory Overhead 106,500 Aug. 1…

43,900 Factory Overhead 106,500 Aug. 1 Balance 13,600 31 Applied cess on August 31 is $200,100, what was the amount debited to Work in Process for factory overhead in Augu

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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Question 18
10. If the balance of Work in Process on October 31 is $21,000, what was the amount of factory overhead applied in October? a.$11,300 b.$21,300 c.$42,300 d.$63,300
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