Do not give answer in image Selected accounts with some amounts omitted are as followsWork in Process279,400 Aug. 31X45,600Aug. 1Balance31Direct materials31Direct labor31 Factory overheadFactory OverheadAug. 1-31 Costs incurred 104,500 Aug. 1 Balance31 AppliedGoods finisheda. $13.690Ob. $180,600O c. $15.400Od. $104,500180,60015,400XIf the balance of Work in Process on August 31 is $209,300, what was the amount debited to Work in Process for factory overheadin August, assuming a factory overhead rate of 30% of direct labor costs?

Factory overhead is the amount of cost incurred by the entity on the production of the goods. It…

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?

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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