Selected accounts with some amounts omitted are as follows: Work in Process Aug.  1   Balance 264,800   Aug. 31 Goods finished 129,400        31   Direct materials X               31   Direct labor  43,700               31   Factory overhead X        Factory Overhead         Aug.  1 – 31 Costs incurred 95,600   Aug. 1 Balance 12,800              31 Applied X If the balance of Work in Process on August 31 is $218,800, 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? a. $13,110 b. $95,600 c. $129,400 d. $12,800

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A: To find the manufacturing overhead incurred by Harrison Company in August, we can use the following…

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A: Gross Margin=Sales revenues-Cost of goods sold

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A: The overhead is applied to the production on the basis of a pre-determined overhead rate. The direct…

Q: 300 31 Factory overhead X

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A: Work in process in an inventory that is being processed in the production process of the company.

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A: The work in process account records the direct costs incurred and overhead applied to the…

Q: Help me

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A: The objective of the question is to find the amount debited to Work in Process for direct materials…

Q: Balance Direct materials Direct labor Factory overhead Work in Process 270,900 Aug. 31 Goods…

A: Direct labor is directly connected to the production and not the administration or support services.…

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A: The objective of the question is to find the amount of factory overhead applied in October. This can…

Q: Use the following information to compute the cost of direct materials used fo the current year.…

A: The question is based on the concept of Cost Accounting. Cost of direct material used is calculated…

Q: elected accounts with amounts omitted are as follows Work in Process Aug.    1   Balance 275,000…

A: Factory Overhead A/C Date Items Amount($) Date Items Amount($)…

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A: Factory overhead applied is the overhead applied to work in process account on the basis of certain…

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A: FACTORY OVERHEADFactory OH are all Indirect Manufacturing Cost.Factory OH Cost Includes Indirect…

Q: Selected accounts with some amounts omitted are as follows Work in Process Aug.  1   Balance…

A: Overhead cost: The costs other than the direct costs such as insurance, interest, repairs, taxes…

Q: Selected accounts with some amounts omitted are as follows: Work in Process Oct. 1 Balance 24,600…

A: Factory overhead refers to the unstated expenses associated with operating a factory, encompassing…

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A: Cost of direct materials used in production $18,652 Direct labor 23,510 Factory overhead 37,430…

Q: A job order cost sheet for Vaughn Company is as follows. Job No. 92 Date Beg. bal. Jan. 1 8 12 25 27…

A: Predetermined overhead rate is the rate based on estimates which is used for assigning overhead…

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A: Cost sheet is a method of allocating total cost into different categories such as direct material…

Q: The Zoe Corporation has the following information for the month of March: Cost of direct materials…

A: Cost sheet is a method of allocating total cost into different categories such as direct material…

Q: Selected accounts with amounts omitted are as follows Work in Process Aug.  1   Balance 268,080…

A: Overhead applied =37100 x 30%=$11130 Total manufacturing cost =$195330 +$ 215360 -$268080=$142610

Q: A summary of the time tickets for October follows: Description Amount Description Amount Job No. 319…

A: Journal Entries to Records the Cost Incurred   Accounts Dr  Cr Job No 319 A/c   $…

Q: Selected accounts with amounts omitted are as follows Work in Process Aug.  1   Balance 277,180…

A: Overhead applied = Direct labor*30% Overhead applied = $34,600*30% Overhead applied = $10,380

Q: Cost of Goods Manufactured for a Manufacturing Company The following information is available for…

A: Cost of goods manufactured - Cost of Goods Manufactured is the total cost incurred for manufactured…

Q: Selected accounts with some amounts omitted are as follows: Work in Process Date Transaction Debit…

A: The manufacturing overhead rate is the standard amount of factory overhead cost attributed to each…

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A: The correct answer is Option (d).

Q: please explain last three subparts

A: Cost of goods sold is actual cost of goods that is being sold to the customers. Gross profit is the…

Q: elected accounts with some amounts omitted are as follows: Work in Process 254,200 Aug. 31 ug. 1 31…

A: Factory Overhead -The expenses of operating a business that aren'tisn't directly related to a…

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A: Work in process is the total cost of those goods that remain unfinished at the end of the period. It…

Q: Give me answer

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Q: What was the balance of Work in Process as of April 30?   a.$22,900 b.$29,900 c.$8,100 d.$35,000

A: Following are the calculation of work-in-process balance as of April 30:

Q: 43,900 Factory Overhead 106,500 Aug. 1 Balance 13,600 31 Applied cess on August 31 is $200,100, what…

A: Direct Labor: Direct Labor is directly connected to the production and not the administration or…

Q: Cost of Goods Manufactured for a Manufacturing Company The following information is available for…

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A: A journal entry is a form of accounting entry that is used to report a business transaction in a…

Q: Selected accounts with a credit amount omitted are as follows Work in Process Apr.   1   Balance…

A: Formula: Ending work in process = Beginning work in process + Direct materials + Direct labor +…

Q: Selected accounts with some amounts omitted are as follows Work in Process Oct. 1 Balance 24,100…

A: Let's understand some basics Factory overhead is the costs incurred during the manufacturing…