Selected accounts with some amounts omitted are as follows Work in Process 279,400 Aug. 31 Aug. 1 31 Balance Direct materials 31 Direct labor 31 Factory overhead X 45,600 Factory Overhead Aug. 1-31 Costs incurred 104,500 Aug. 1 Balance 31 Applied a. $13.690 Ob. $180.600 Oc. $15.400 Od. $104,500 Goods finished 180,600 15,400 If the balance of Work in Process on August 31 is $209,300, 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 279,400 Aug. 31 Aug. 1 31 Balance Direct materials 31 Direct labor 31 Factory overhead X 45,600 Factory Overhead Aug. 1-31 Costs incurred 104,500 Aug. 1 Balance 31 Applied a. $13.690 Ob. $180.600 Oc. $15.400 Od. $104,500 Goods finished 180,600 15,400 If the balance of Work in Process on August 31 is $209,300, 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?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Selected accounts with some amounts omitted are as follows
Work in Process
279,400 Aug. 31
X
45,600
Aug. 1
Balance
31
Direct materials
31
Direct labor
31 Factory overhead
Factory Overhead
Aug. 1-31 Costs incurred 104,500 Aug. 1 Balance
31 Applied
Goods finished
a. $13.690
Ob. $180,600
O c. $15.400
Od. $104,500
180,600
15,400
X
If the balance of Work in Process on August 31 is $209,300, 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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