Selected accounts with amounts omitted are as follows: Work in Process 266,230 Aug. 31 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead Aug. 1-31 Costs incurred X 35,400 Factory Overhead 118,780 Aug. 1 31 Goods finished Balance Applied (30% of direct labor cost) 133,400 13,060 X If the balance of Work in Process on August 31 is $192,710, what was the amount debited to Work in Process for direct materials in August? O a. $108,920 Ob. $494,340 Oc. $13,860 Od. $360,940

Selected accounts with amounts omitted are as follows: Work in Process 266,230 Aug. 31 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead Aug. 1-31 Costs incurred X 35,400 Factory Overhead 118,780 Aug. 1 31 Goods finished Balance Applied (30% of direct labor cost) 133,400 13,060 X If the balance of Work in Process on August 31 is $192,710, what was the amount debited to Work in Process for direct materials in August? O a. $108,920 Ob. $494,340 Oc. $13,860 Od. $360,940

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 8MC: A company calculated the predetermined overhead based on an estimated overhead of $70.000, and the...

See similar textbooks

Similar questions

Selected accounts with amounts omitted are as follows Work in Process Aug. 1 Balance 268,080 Aug. 31 Goods finished 195,330 31 Direct materials X 31 Direct labor 37,100 31 Factory overhead X Factory Overhead Aug. 1 – 31 Costs incurred 92,930 Aug. 1 Balance 14,460 31 Applied (30% of direct labor cost) X If the balance of Work in Process on August 31 is $215,360, what was the amount debited to Work in Process for direct materials in August?
Selected accounts with amounts omitted are as follows: Work in Process 263,340 Aug. 31 X 34,100 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead Aug. 1-31 Costs incurred Factory Overhead 98,540 Aug. 1 31 Goods finished Balance Applied (30% of direct labor cost) 142,970 12,530 X If the balance of Work in Process on August 31 is $204,810, what was the amount debited to Work in Process for direct materials in August? Oa. $92,630 Ob. $359,280 Oc. $502,250 Od. $40,110
Selected accounts with amounts omitted are as follows Work in Process Aug. 1 Balance 266,720 Aug. 31 Goods finished 135,920 31 Direct materials X 31 Direct labor 35,900 31 Factory overhead X Factory Overhead Aug. 1 – 31 Costs incurred 113,500 Aug. 1 Balance 12,290 31 Applied (30% of direct labor cost) X If the balance of Work in Process on August 31 is $219,290, what was the amount debited to Work in Process for direct materials in August? a.$385,990 b.$521,910 c.$83,330 d.$41,820 The journal entry to record the purchase of $39,313 of raw materials is a. Materials$39,313 Accounts Receivable$39,313 b. Inventory$39,313 Cash$39,313 c. Inventory$39,313 Accounts Receivable$39,313 d. Materials$39,313 Accounts Payable$39,313 All of the following could be considered a direct material except a.fabric b.glue c.steel d.lumber
Selected accounts with amounts omitted are as follows Work in Process Aug. 1 Balance 279,350 Aug. 31 Goods finished 171,180 31 Direct materials X 31 Direct labor 33,600 31 Factory overhead X Factory Overhead Aug. 1 – 31 Costs incurred 115,090 Aug. 1 Balance 15,610 31 Applied (30% of direct labor cost) X If the balance of Work in Process on August 31 is $206,820, what was the amount debited to Work in Process for direct materials in August? a. $54,970 b. $106,130 c. $519,770 d. $348,590
selected accounts with amounts omitted are as follows Work in Process Aug. 1 Balance 254,580 Aug. 31 Goods finished 178,220 31 Direct materials X 31 Direct labor 35,400 31 Factory overhead X Factory Overhead Aug. 1 – 31 Costs incurred 96,830 Aug. 1 Balance 14,490 31 Applied (30% of direct labor cost) X If the balance of Work in Process on August 31 is $217,140, what was the amount debited to Work in Process for direct materials in Augus?
Selected accounts with some amounts omitted are as follows: Work in Process 250,640 Aug. 31 X 35,800 Aug. 1 31 Balance Direct materials 31 Direct labor 31 Factory overhead Aug. 1-31 Costs incurred Factory Overhead 111,890 Aug. 1 Balance 31 Applied Goods finished (30% of direct labor cost) 122,430 14,360 X If the balance of Work in Process on August 31 is $199,880, what was the amount debited to Work in Process for direct materials in August? Oa. $363,890 Ob. $25,130 Oc. $86,560 Od. $486,320
Selected accounts with amounts omitted are as follows Work in Process Aug. 1 Balance 256,170 Aug. 31 Goods finished 186,160 31 Direct materials 31 Direct labor 36,800 31 Factory ovenrhead Factory Overhead Aug. 1- 31 Costs incurred 118,890 Aug. 1 Balance 13,960 31 Applied (30% of direct labor cost) If the balance of Work in Process on August 31 is $212,300, what was the amount debited to Work in Process for direct materials in August? Oa. $94,450 Ob. $319,110 Oc. $80,670 Od. $505,270
Qw.17.
Selected accounts with some amounts omitted are as follows: Work in Process 254,200 Aug. 31 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead Aug. 1-31 Costs incurred X 46,000 Factory Overhead 105,900 Aug. 1 31 Goods finished Balance Applied 186,700 15,500 X If the balance of Work in Process on August 31 is $217,200, 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? O a. $186,700 O b. $105,900 O c. $15,500 Ⓒd. $13,800|
Please help me to solve this question...
Selected accounts with amounts omitted are as follows: Work in Process Aug. 1 Balance 251,200 Aug. 31 Goods finished 191,300 31 Direct materials 31 Direct labor 43,900 31 Factory overhead Factory Overhead Aug. 1 - 31 Costs incurred 106,500 Aug. 1 Balance 13,600 31 Applied X If 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. $13,600 b. $106,500 Oc. $13,170 d. $191,300
Selected accounts with some amounts omitted are as follows: Work in Process 23,100 Oct. 31 94,300 198,400 Oct. 1 31 31 31 Oct. 1 31 Balance Direct materials Direct labor Factory overhead Balance Goods finished X Finished Goods 12,400 347,900 Goods finished X If the balance of Work in Process on October 31 is $207,500, what was the amount of factory overhead applied in October? a. $239,600 Ob. $429,000 c. $198,400 Od. $94,300