Manufacturing overhead costs incurred, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) OA. credit to Manufacturing Overhead account for $2,700 OB. debit to Work-in - Process Inventory account for $50,400. OC. debit to Overhead account for $50,400. OD. debit to Work-in - Process Inventory account for $53,100. $87,900 $256,950 $167,300 $17,600 $33,000 $35,300 130%

Manufacturing overhead costs incurred, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) OA. credit to Manufacturing Overhead account for $2,700 OB. debit to Work-in - Process Inventory account for $50,400. OC. debit to Overhead account for $50,400. OD. debit to Work-in - Process Inventory account for $53,100. $87,900 $256,950 $167,300 $17,600 $33,000 $35,300 130%

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 14EA: A companys Individual job sheets show these costs: Overhead is applied at 1.25 times the direct...

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