Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. X Company has a predetermined overhead rate of $34 per direct labor hour. Job 105 used $803 of direct materials and 18 direct labor

1. X Company has a predetermined overhead rate of $34 per direct labor hour. Job 105 used $803 of direct materials and 18 direct labor hours. The direct labor rate is $16/hour. A) How much direct labor is incurred on Job 105? $ B) How much overhead is applied to Job 105? $ C) What is the total cost of Job 105? $ 2. Relo Corporation records $12,030 of depreciation, 2/3 of the depreciation is on factory equipment and 1/3 is on administrative and sales equipment. What journal entry should be made to record this transaction? 3. CCC Company applies manufacturing overhead based on direct labor hours. The manufacturing overhead rate is $29 per direct labor hour. During the current month, the company used 1,100 direct labor hours. What journal entry should be made to record the application of manufacturing overhead?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forensics Audits And Dreaming

Authors: Helgard Petrus - Coetser

1st Edition

1664260250, 978-1664260252

More Books

Students also viewed these Accounting questions

Question

Explain in detail how the Mughal Empire was established in India

Answered: 1 week ago

Question

Problem: Evaluate the integral: I - -[ze dx

Answered: 1 week ago

Question

Problem: Evaluate the integral: I = 1- 1 dx 9

Answered: 1 week ago