PR 3-48 (Algo) Part 6 How much overhead would have been charged to the company's Work-in Process... 6. How much overhead would have been charged to the company's Work-in-Process account during the year? Overhead charged to Work-in-Process account
PR 3-48 (Algo) Part 6 How much overhead would have been charged to the company's Work-in Process... 6. How much overhead would have been charged to the company's Work-in-Process account during the year? Overhead charged to Work-in-Process account
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Selling and administrative expense amounted to $2,500,000.
PR 3-48 (Algo) Part 6 How much overhead would have been charged to the company's Work-in
Process...
6. How much overhead would have been charged to the company's Work-in-Process account during the year?
Overhead charged to Work-in-Process account](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa1921194-e232-4ba4-b8e8-25735a13f4a2%2F0af5b228-971c-4170-a049-90cfb3ed7816%2F5e2jqy9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Selling and administrative expense amounted to $2,500,000.
PR 3-48 (Algo) Part 6 How much overhead would have been charged to the company's Work-in
Process...
6. How much overhead would have been charged to the company's Work-in-Process account during the year?
Overhead charged to Work-in-Process account
![using machine hours in the Machining Department and direct-labor cost in the Assembly Department. The following
information relates to the year just ended:
Items
Budgeted manufacturing overhead
Actual manufacturing overhead
Budgeted direct-labor cost (based on practical capacity)
Actual direct-labor cost.
Budgeted machine hours (based on practical capacity)
Actual machine hours
The data that follow pertain to job number 775, the only job in production at year-end.
Assembly
Department
$ 6,600
$ 58,700
150
Machining
Department.
Items
Direct material
Direct labor
Machine hours
Selling and administrative expense amounted to $2,500,000.
p
$ 24,500
$ 27,900
360
Machining
Department
$ 4,000,000
4,270,000
1,500,000
1,450,000
400,000
425,000
Assembly
Department
$ 3,080,000
3,050,000
5,600,000
5,780,000
100,000
110,000
PR 3-48 (Algo) Part 6 How much overhead would have been charged to the company's Work-in-
Process...](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa1921194-e232-4ba4-b8e8-25735a13f4a2%2F0af5b228-971c-4170-a049-90cfb3ed7816%2Ft9y5phj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:using machine hours in the Machining Department and direct-labor cost in the Assembly Department. The following
information relates to the year just ended:
Items
Budgeted manufacturing overhead
Actual manufacturing overhead
Budgeted direct-labor cost (based on practical capacity)
Actual direct-labor cost.
Budgeted machine hours (based on practical capacity)
Actual machine hours
The data that follow pertain to job number 775, the only job in production at year-end.
Assembly
Department
$ 6,600
$ 58,700
150
Machining
Department.
Items
Direct material
Direct labor
Machine hours
Selling and administrative expense amounted to $2,500,000.
p
$ 24,500
$ 27,900
360
Machining
Department
$ 4,000,000
4,270,000
1,500,000
1,450,000
400,000
425,000
Assembly
Department
$ 3,080,000
3,050,000
5,600,000
5,780,000
100,000
110,000
PR 3-48 (Algo) Part 6 How much overhead would have been charged to the company's Work-in-
Process...
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