General ledger account analysis LO₇ The following form represents an account taken from the general ledger of Braun Box Company:

Answer the following questions:

a. What is the title of the account?

b. Is this a departmentalized factory?

c. What does the balance of the account represent?

d. How was the 50% rate determined?

e. What disposition should be made of the balance, assuming that this is the end of the fiscal year?

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Indirect materials 500 Work in Process 1,200 (50% of $16,400 direct labor) Supervisor's salary Power 5,000 Building expenses 1,000 Miscellaneous overhead 1,400 Bal. 900 9,100 8,200