ch 16, q17

Required information Actual overhead costs are recorded as debits to the Factory Overhead account. Estimated overhead costs are allocated, using a predetermined overhead rate, to the different processes. This allocated amount is credited to the Factory Overhead account and debited to the Work in Process Inventory account for each separate process. Direct materials Raw materials inventory Raw materials Indirect materials Transfer to next process Work in process Roasting Factory overhead Wor profes Blering Finished goods inventory 10- Delivered to customers Other overhead Applied overhead Packaged FITMIX Sold FILMEN Indirect abor Direct labor Factory payroli Labor Knowledge Check 01 Factory overhead includes: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) overhead 10- Other overhead Applied overhead proces 19b Blero Packaged FITMIX goods inventory Delivered to customers Sold FIMIX Indirect labor Direct labor Factory payroll Labor Knowledge Check 01 Factory overhead includes: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) direct materials direct labor indirect labor 2 depreciation on factory equipment depreciation on general and administrative computers 2 factory utilities 2 general and administrative utilities