contestada

Selected accounts with some amounts omitted are as follows Work in Process Oct. 1 Balance 23,200 Oct. 31 Finished goods X 31 Direct materials 90,800 31 Direct labor 197,900 31 Factory overhead X Finished Goods Oct. 1 Balance 12,300 31 Goods finished 356,300 If the balance of Work in Process on October 31 is $213,900, what was the amount of factory overhead applied in October? a.$435,000 b.$258,300 c.$197,900 d.$90,800

Respuesta :

akiran007

Answer:

b.$258,300

Explanation:

31 Goods finished      356,300

Add Work in Process on October 31 is $213,900,

Cost of Goods Manufactured      $ 570,200

Less   Oct.Work in Process 1 Balance 23,200

Total Manufacturing Cost  547,000

Direct labor 197,900

Direct materials 90,800

Factory Overhead Applied   $ 258,300

This is solved with the help of T accounts

If we balance both sides of the Wip and Finished good T account we get the answer.

The other way is to do reverse actions from finished Goods inventory to total Manufacturing cost to get the answer.

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE

Otras preguntas