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Selected accounts with some amounts omitted are as follows: Work in Process 258,900 Aug. 31 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead. Aug. 1-31 Costs incurred X Oa. $13,170 Ob. $182,400 Oc. $12,300 d. $98,700 43,900 Factory Overhead 98,700 Aug. 1 31 Goods finished Balance Applied 182,400 12,300 X If the balance of Work in Process on August 31 is $203,500, 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?

Selected accounts with some amounts omitted are as follows: Work in Process 258,900 Aug. 31 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead. Aug. 1-31 Costs incurred X Oa. $13,170 Ob. $182,400 Oc. $12,300 d. $98,700 43,900 Factory Overhead 98,700 Aug. 1 31 Goods finished Balance Applied 182,400 12,300 X If the balance of Work in Process on August 31 is $203,500, 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?

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: Work in Process 258,900 Aug. 31 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead. Aug. 1-31 Costs incurred X Oa. $13,170 Ob. $182,400 Oc. $12,300 d. $98,700 43,900 Factory Overhead 98,700 Aug. 1 31 Goods finished Balance Applied 182,400 12,300 X If the balance of Work in Process on August 31 is $203,500, 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?
Transcribed Image Text:Selected accounts with some amounts omitted are as follows: Work in Process 258,900 Aug. 31 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead. Aug. 1-31 Costs incurred X Oa. $13,170 Ob. $182,400 Oc. $12,300 d. $98,700 43,900 Factory Overhead 98,700 Aug. 1 31 Goods finished Balance Applied 182,400 12,300 X If the balance of Work in Process on August 31 is $203,500, 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?
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