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Ex 17-4 Factory overhead rate, entry for applying factory overhead, and factpry overhead account balance. Journalize the entries to record (A) the flow of costs
Ex 17-4 Factory overhead rate, entry for applying factory overhead, and factpry overhead account balance.
Journalize the entries to record (A) the flow of costs into the Refini ing the period for (1) direct materials, (2) direct labor, and (3) transfer of production costs to the second department, Sifting. period totaled $35,000. factory overhead , and Factory overhead rate, entry for applying factory overhead, and factory overhead account balance VA. 125% The cost accountant for Kenner Beverage Co. estimated that total factory overhead cost Blending Department for the coming fiscal year beginning May 1 would be $3,0000 total direct labor costs would be $2,400,000. During May, the actual direct labor cost $198,400, and factory overhead cost incurred totaled $253,200. A. What is the predetermined factory overhead rate based on direct labor cost? B. Journalize the entry to apply factory overhead to production for May C. What is the May 31 balance of the account Factory Overhead-Blending D D. Does the balance in part (C) represent over- or underapplied factory overhea SHOW ME HOW epartme EX 17-5 Equivalent units of production t materials, The Converting Department of Hon 6,800 units te esStep by Step Solution
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