Dusk Industries produces industrial convection ovens. For the year, management estimated that total manufacturing overhead would...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66568d7c79afe_34866568d7c745c7.jpg)
Transcribed Image Text:
Dusk Industries produces industrial convection ovens. For the year, management estimated that total manufacturing overhead would be $3,079,980. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 144,600 direct labor hours. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control: Actual direct labour hours worked: 145,360. Actual overhead incurred: $3,062,590. Finished Goods Inventory: $525,600 and Cost of Goods Sold: $4,864,000. If Dusk closes the entire amount of under-or overapplied overhead to Cost of Goods Sold, what was the ending balance in that account? O $4,780,170 $4,830,422 O $4,947,830 O $4,795,826 Dusk Industries produces industrial convection ovens. For the year, management estimated that total manufacturing overhead would be $3,079,980. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 144,600 direct labor hours. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control: Actual direct labour hours worked: 145,360. Actual overhead incurred: $3,062,590. Finished Goods Inventory: $525,600 and Cost of Goods Sold: $4,864,000. If Dusk closes the entire amount of under-or overapplied overhead to Cost of Goods Sold, what was the ending balance in that account? O $4,780,170 $4,830,422 O $4,947,830 O $4,795,826
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
What does the difference between current assets and current liabilities measure?
-
Which and how many methods would you recommend using prior to committing to a 1m development project?
-
This problem continues the Draper Consulting, Inc., situation from Problem 16-35 of Chapter 16. Draper Consulting uses a job order costing system in which each client is a different job. Draper...
-
eBook Show Me How Allowance method entries Instructions Chart of Accounts T-Accounts Journal Final Questions Instructions The following transactions were completed by Irvine Company during the...
-
The Gardeva (2021) website says that there are four challenges impacting the healthcare supply chain . The four elements the The Gardeva (2021) website list include: Lack of resilience, lack of...
-
a) Write MATLAB functions which accept an angle as input and return the rotation matrix describing rotation around X and Y axes. example of a MATLAB function for rotation around Z: function rotz.m...
-
Do you believe that the acceptance of gratuities by a police officer is a gateway practice that leads to more serious criminal activity? Should departments prohibit officers from accepting gifts? If...
-
1) How is the crime of genocide defined, and why is the definition of genocide narrow? 2) What crimes were prosecuted at Nuremberg? 3) What major treaties define and prohibit war crimes? 4) Is there...
-
Socony-Vacuum is credited with laying the foundations for the per se rule against price fixing rejecting attempts to defend price fixing schemes as an effort to stabilize prices. Do you agree with...
-
Point out the flow of drugs and the punishment that China has for drug smuggling. Discuss the international drug smuggling operation. Is the international drug trade too big of an operation to ever...
-
Where does it end up? Where is the point (8, 9) after it is rotated through 500 about the point (3, 1)? Find the total M matrix. Present the steps of your algorithm and provide detailed solution.
-
The Marple Company has built a massive water-desalting factory next to an ocean. The factory is completely automated. It has its own source of power, light, heat, and so on. The salt water costs...
-
Osaka Manufacturing Company budgeted its 2006 variable overhead at 14,100,000 and its fixed overhead at 25,620,000. Expected 2006 volume was 6,100 units. Actual costs for production of 5,800 units...
-
The Gumey Hosiery Company provides you with the following miscellaneous data regarding operations in 2006. There are no beginning or ending inventories. Compute the (1) variable selling and...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App