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Selected accounts with some amounts omitted are as follows: Work in Process 21,300 Oct. 31 Goods finished 94,300 152,200 Oct. 1 31 31 31 Oct. 1 31 Balance Direct materials Direct labor Factory overhead Balance Goods finished X Finished Goods 14,200 305,100 X If the balance of Work in Process on October 31 is $214,400, what was the amount of factory overhead applied in October? a. $251,700 b. $152,200 c. $94,300 Od. $387,900

Selected accounts with some amounts omitted are as follows: Work in Process 21,300 Oct. 31 Goods finished 94,300 152,200 Oct. 1 31 31 31 Oct. 1 31 Balance Direct materials Direct labor Factory overhead Balance Goods finished X Finished Goods 14,200 305,100 X If the balance of Work in Process on October 31 is $214,400, what was the amount of factory overhead applied in October? a. $251,700 b. $152,200 c. $94,300 Od. $387,900

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Selected accounts with some amounts omitted are as follows: Oct. 1 31 31 31 Oct. 1 31 Balance Direct materials Direct labor Factory overhead Balance Goods finished Work in Process 21,300 Oct. 31 Goods finished 94,300 152,200 X Finished Goods 14,200 305,100 X If the balance of Work in Process on October 31 is $214,400, what was the amount of factory overhead applied in October? a. $251,700 b. $152,200 c. $94,300 Od. $387,900
Transcribed Image Text:Selected accounts with some amounts omitted are as follows: Oct. 1 31 31 31 Oct. 1 31 Balance Direct materials Direct labor Factory overhead Balance Goods finished Work in Process 21,300 Oct. 31 Goods finished 94,300 152,200 X Finished Goods 14,200 305,100 X If the balance of Work in Process on October 31 is $214,400, what was the amount of factory overhead applied in October? a. $251,700 b. $152,200 c. $94,300 Od. $387,900
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