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1) TEX CORP HAS THE FOLLOWING BUDGETED DATA: MFG OVERHEAD $380,000 MACH HRS (DRIVER) 50,000 ACTUAL MACH HRS ARE AS FOLLOWS: JOB 10 10,400 JOB
1) TEX CORP HAS THE FOLLOWING BUDGETED DATA: MFG OVERHEAD $380,000 MACH HRS (DRIVER) 50,000 ACTUAL MACH HRS ARE AS FOLLOWS: JOB 10 10,400 JOB 11 7,800 JOB 12 18,200 JOB 13 15,600 Crop one question at a time JOBS 10, 11 & 12 WERE FINISHED. JOB 10 WAS SOLD. WHAT IS OVERHEAD APPLIED IN COGS? COGS OVERHEAD APPLIED 2) REFER TO QUESTION 1. ASSUME ACTUAL TOTAL OVERHEAD = $392,000. WHAT IS ACTUAL OVERHEAD IN FINISHED GOODS? ACTUAL OVERHEAD FINISHED GOODS
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