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For questions 2,5,6, please show your solutions. Thanks QUESTION 2 The overhead rate of RVRCOB Company is 60% of direct labor cost. WORK-IN -PROCESS Debit

For questions 2,5,6, please show your solutions. Thanks

QUESTION 2

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The overhead rate of RVRCOB Company is 60% of direct labor cost. WORK-IN -PROCESS Debit Credit Beginning Balance Direct Materials Direct Labor Applied Overhead ? Ending Balance $131,040 FINISHED GOODS Debit Credit Beginning Balance $118,200 $301,000 324,800 Ending Balance $142,000 FACTORY OVERHEAD Debit Credit $93,240 $90,720 The TOTAL MANUFACTURING COSTS amount to P__ The overhead rate of RVRCOB Company is 60% of direct labor coat. WORK-IN -PROCESS Debit Credit Beginning Balance P100300 ? Direct Materials ? Direct Labor ? Applied Overhead ? Ending Balance $131,040 FINISHED GOODS Debit Credit Beginning Balance $118,200 $601,000 324,800 Ending Balance B142,000 FACTORY OVERHEAD Debit Credit $93,240 $90,720 The DIRECT MATERIAL cost amount to P The overhead rate of RVRCDB Company is 60% of direct labor cost. WORK-IN -PROCESS Debit Credit Beginning Balance $100,800 ? Direct Materials ? Direct Labor ? Applied Overhead ? Ending Balance F131,040 FINISHED GOODS Beginning Balance $113,200 $001,000 324,300 Ending Balance #142,000 FACTORY OVERHEAD Debit Credit ' 93,240 ' 990,720 | The DIRECT LABOR cost amount to f

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