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Question 12 For Kiqul Company, the predetermined overhead rate is 120% of direct labour cost. During the month of June 2020, Kiqul incurred $55,880 of
Question 12 For Kiqul Company, the predetermined overhead rate is 120% of direct labour cost. During the month of June 2020, Kiqul incurred $55,880 of factory labour costs, of which $49,170 was direct labour and $6,710 was indirect labour. Actual overhead incurred in June 2020 was $70,280 Calculate the amount of manufacturing overhead applied during the month, Manufacturing overhead applied LINK TO TEXT Determine the amount of under or over-applied manufacturing overhead Manufacturing overhead LINK TO TEXT Prepare the adjusting entry for the under- or over-pelled overhead. (Credit account titles are automatically Indented when the amount is entered. Do not intent manually.) Accounties and Explanation Debit Credit
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