Q.No. 23 (Financial Accounting) Merger Manufacturing uses direct labor cost as the allocation base for applying MOH to WIP. The budgeted direct labor cost for the year was $1,100,000. The budgeted manufacturing overhead was $930,000. The actual direct labor cost for the year was $1,300,000. The actual manufacturing overhead was $955,000. A. What was Merger's predetermined manufacturing overhead rate per direct labor dollars? B. How much MOH was applied to WIP during the year?

Q.No. 23 (Financial Accounting) Merger Manufacturing uses direct labor cost as the allocation base for applying MOH to WIP. The budgeted direct labor cost for the year was $1,100,000. The budgeted manufacturing overhead was $930,000. The actual direct labor cost for the year was $1,300,000. The actual manufacturing overhead was $955,000. A. What was Merger's predetermined manufacturing overhead rate per direct labor dollars? B. How much MOH was applied to WIP during the year?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 5E: Service department charges In divisional income statements prepared for Demopolis Company, the...

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