Selected accounts with some amounts omitted are as follows Work in Process Oct.   1   Balance 20,000   Oct. 31 Finished Goods X 31   Direct materials 96,700         31   Direct labor 201,000         31   Factory overhead X         Finished Goods Oct.   1   Balance 52,000         31   Goods finished 360,000         If the balance of Work in Process on October 31 is $21,000, what was the amount of factory overhead applied in October?   a.$63,300 b.$11,300 c.$42,300 d.$21,300

Q: If the balance of Work in Process on August 31 is $212,300, what was the amount debited to Work in…

A: Calculation of mount debited to work in process for direct materials are as follows.

Q: Selected accounts with amounts omitted are as follows Work in Process Aug.  1   Balance 269,610…

A: The materials or supplies that are directly related to a product and employed in its manufacturing…

Q: 300 31 Factory overhead X

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

Q: Selected accounts with amounts omitted are as follows Work in Process Aug.  1   Balance 254,090…

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

Q: Selected accounts with amounts omitted are as follows: Work in Process 263,340 Aug. 31 Aug. 1 31 31…

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

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

A: Balance of work in progress as on 30 April is calculated as: Opening balance + direct material+…

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

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

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

A: Cost of finished goods = Beginning work in process + Total manufacturing costs - Ending work in…

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

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

Q: Selected accounts with some amounts omitted are as follows: Work in Process 22,600 Oct. 31 92,000…

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

Q: Selected accounts with some amounts omitted are as follows: Work in Process 23,100 Oct. 31 94,300…

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

A: The total cost of production of a good comprises of the total fixed cost of production and the total…

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

A: In this case, we have to Prepare the works-in-progress Account and factory overhead is 30% of direct…

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: Selected accounts with a credit amount omitted are as follows Work in Process Apr. 1 Balance 7,100…

A: This question requires us to calculate the Closing Balance of the Work in Process Account as of…

Q: 17   Selected accounts with amounts omitted are as follows: Work in Process Aug.   1   Balance…

A: Work in process is the cost incurred on job but job not yet completed and transferred to finished…

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…

Q: Selected accounts with amounts omitted are as follows: Work in Process 266,230 Aug. 31 Aug. 1 31 31…

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

Q: A job order cost sheet for Wildhorse Company is shown below. Job No. 92 Beg. bal. Jan. 1 8 12 25…

A: Introduction: The overall costs charged for certain work are listed on a job order cost sheet. It is…

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

A: Factory overhead is the secondary costs spent throughout the manufacturing process that cannot be…

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: If the balance of Work in Process on August 31 is $217,140, what was the amount debited to Work in…

A: Work- in-Progress Includes all the direct material , direct labor and manufacturing overhead cost…

Q: Selected accounts with amounts omitted are as follows Work in Process Aug.  1   Balance 266,720…

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

Q: Selected accounts with some amounts omitted are as follows: Work in Process 250,640 Aug. 31 X 35,800…

A: Goods finished = Beginning WIP + Total manufacturing costs - Ending WIP Total manufacturing costs =…

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…

Q: 10. If the balance of Work in Process on October 31 is $21,000, what was the amount of factory…

A:

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

A: Work in process: Work in process refers to the goods that are partially completed, they are also…

Q: The following information is available: -Estimated Factory Overhead for the year $10,000…

A: Overhead means the cost incurred indirect in factory for the production of goods. Manufacturing…

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

A: Factory overhead applied is the total cost incurred in production and factory overhead applied is…

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

A: To find out the amount debited to Work in Process for factory overhead in August, we first need to…

Q: elected accounts with some amounts omitted are as follows Work in Process Oct. 1 Balance 23,400…

A: The total amount of expenses added to a cost item is referred to as applicable overhead. Some…

Q: Selected accounts with amounts omitted are as follows Work in Process Aug.  1   Balance 279,350…

A: Given that: Work in process closing balance = $206820