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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

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter5: Product And Service Costing: Job-order System
Section: Chapter Questions
Problem 21E: Lorrimer Company has a job-order cost system. The following debits (credits) appeared in the...
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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
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...
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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