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20) Dillon Company applies manufacturing overhead to jobs..... I would just like number 20 answered which is asking for total cost of goods manufactured, under
20) Dillon Company applies manufacturing overhead to jobs.....
I would just like number 20 answered which is asking for total cost of goods manufactured, under normal costing, for the month of May. The answer is D) 87,500 , but can you please show me how to get there. Thank you!
uestions 19-20 are based on the following information: Dillon Company applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost($). Any is closed out to Cost of Goods Sold at the end of the month. During May, the following transactions were recorded by the company under or over-applied overhead cost Raw materials (all direct matcrials) Purchased during the month .. Used in production.. $38,000 535,000 Labor: Direct labor hours worked during the mont.. Direct labor cost incurred... 3,150 $30,000 Manufacturing overhead cost incurred (total.$24,500 Inventories Raw materials (all direct), May l Raw materials (all direct), May 3 Work in process, May Work in process, May 3. S8,000 $9,000 $12,000Step by Step Solution
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