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i need help fillijg in fbe T-Account 52020 ACCT 205 Principles of Accounting 11 Online (2) CRNO 1839 Homework: Chapter 17 Homework (Copy) Score: 0.35
i need help fillijg in fbe T-Account
52020 ACCT 205 Principles of Accounting 11 Online (2) CRNO 1839 Homework: Chapter 17 Homework (Copy) Score: 0.35 of 1 pt 2 of 4 (2 complete) %E17-20 (similar to) Alba Foundry uses a predetermined overhead allocation rate to allocate overhead to individual jobs, based on the machine hours required (Click the icon to view the costs.) Read the requirements Predetermined overhead Estimated overhead cost Estimated machine hours = allocation rate 0 Data Table 870,000 72.500 - $ 12 per machine how Requirement 2. Prepare the journal entry to allocate manufacturing overhead (Record debits first, then credits Al the beginning of 2018, the company expected to incur the following Accounts Debit Credit Manufacturing overhead costs 5 870.000 Dec 31 Work in Process Inventory 744000 Direct labor costs 1.500.000 Manufacturing Overhead 744.000 Machine hours 72 500 hours At the end of 2018, the company had actually incurred Direct labor costs $ 1.200.000 Requirement 3. Post the manufacturing overhead transactions to the T-account and calculate the balance (En Depreciation on manufacturing plant and equipment 550,000 Property taxes on plant 36 500 Manufacturing Overhead Sales salaries 27500 Delivery drivers' wages 20,000 Plantjanitor's wages 23.000 Machine hours 52 000 hou Print Done Choose from any list or enter any number in the input fields and then click Check Answer 2 parts Clear A 5 remaining Type here to search OR $ ea @ 9 Step by Step Solution
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