LALA Corp has just started its operations in 2020. After 6 months, the company has the following
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LALA Corp has just started its operations in 2020. After 6 months, the company has the following data:
Cost of goods sold is 540,000; 30% of Manufacturing cost were distributed to Direct labor cost. Applied overhead is 375,000. WIP ending was 10% of total manufacturing cost. Finished goods remaining in stock were 20% of total cost of goods manufactured. Over applied overhead is 10,000 (OH rate is based on DL). What is the overhead used for the period?
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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