Selected accounts with some amounts omitted are as follows: Work in Process Oct. 1 Balance 24,600 Oct. 31 Goods finished 31 Direct materials 92,400 31 Direct labor 163,500 31 Factory overhead Oct. 1 Balance 31 Goods finished Finished Goods 14,500 339,800 If the balance of Work in Process on October 31 is $216,600, what was the amount of factory overhead applied in Octobe Oa. $163,500 Ob. $275,900 Oc. $404,700 d. $92,400

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Selected accounts with some amounts omitted are as follows:
Work in Process
Oct. 1
Balance
24,600 Oct. 31
Goods finished
X
31
Direct materials
92,400
31
Direct labor
163,500
31
Factory overhead
Oct. 1
Balance
31
Goods finished
Finished Goods
14,500
339,800
If the balance of Work in Process on October 31 is $216,600, what was the amount of factory overhead applied in October?
Oa. $163,500
Ob. $275,900
Oc. $404,700
Od. $92,400
Transcribed Image Text:Selected accounts with some amounts omitted are as follows: Work in Process Oct. 1 Balance 24,600 Oct. 31 Goods finished X 31 Direct materials 92,400 31 Direct labor 163,500 31 Factory overhead Oct. 1 Balance 31 Goods finished Finished Goods 14,500 339,800 If the balance of Work in Process on October 31 is $216,600, what was the amount of factory overhead applied in October? Oa. $163,500 Ob. $275,900 Oc. $404,700 Od. $92,400
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