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mkm a. Budgeted manufacturing overhead rate is S4pez one direct labor hout. b. Direct labor cost $600,000 (wages rate $30). c. Direct Materials used $1,300,000.
mkm
a. Budgeted manufacturing overhead rate is S4pez one direct labor hout. b. Direct labor cost $600,000 (wages rate $30). c. Direct Materials used $1,300,000. d. The only job unfinished on Dec31/2015 is No 212 on which direct labor costs are $6,000 and direct materials costs are $12,009/ wegelate direct setores hores 30 600,000 | e. The only job unfinished on Dec31/2016 is No 514 on which direct labor costs are $9,000 and direct materials costs are $15,000. f. Actual overhead costs expensed during 2016 are $85,000. Calculate the following: Beyller dredband 1. Beg Work-in-process 34 De 1273 -0. 1,300,000 2. End Work-in-process 9000 150 3. Cost of goods manufactured 36as bae 1400 pre VZS 1,258.000 ato scette Heart 6000 + 12000 15000 9001 - 42000 4. Overhead allocated during 2016 4 X 660,000 24/00,000 2,34.00 2,340,000 Ooo 5. Under or over allocation Dollar amount over 2, 255,00Step by Step Solution
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