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Cost and machine hours data weite astolbow: Direct makerials incurredin Dep. B ) Direct labor tncurred in Dep. A Directiatsor gindred in Dep. 8 Ngchine
Cost and machine hours data weite astolbow: Direct makerials incurredin Dep. B Direct labor tncurred in Dep. A Directiatsor gindred in Dep. Ngchine heturs used
tableJoby,$
Manufacturing overhead is applied ar a predetermined rate of $ per machine hour.
Manufacturing overhead actually Incurred amounted to
fobX was completed and dellvered on March Job Y was still for process on March
The current pollcy of the company is to charge any under. or ovirr applied overhead to cokt of goods sold. Required:
Compute the cost of lob and JobY.
Determine the amount of Work in process ending on March Explain, pts
Prepare the journal entry to record the transfer of cost of Boods completed to finishedgoods. pts
Prepare the journal entry to record the disposal of any underor overapplied overhead. pts
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