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4 e) Actual overhead costs for the month mount to $42000. Overhead costs has not been paid in cash yet, will be paid later. Credit
4 e) Actual overhead costs for the month mount to $42000. Overhead costs has not been paid in cash yet, will be paid later. Credit Cr Debit Manufacturing, Overhead Accounts baxable Db $42,000 $42,000 f) Overhead is applied to jobs at a rate of 120% direct labor cost Calculations: 120/100 x 24000=$28,800 Cr Debit Credit Work in process inventory Manufacturing Overhead. Db $28,800 $28,800 g) Jobs with total accumulated costs of $105000 were completed during the month Debit Credit DbCr c4/ h) During January, 50 units costing $25 per unit were sold on account for selling price of $35 per unit. Calculations: Debit Credit Db Cr Debit Credit Db Cr ) Vack in processioventory had a beriwning balance of $25,000 in laquetx Calculate the ending balance of work in process inventory at the end of Januarx Calculations
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