Question
Question 8 (8 points) Baltimore Company uses a job order cost system and applies overhead based on estimated rates. The overhead application rate is based
Question 8 (8 points)
Baltimore Company uses a job order cost system and applies overhead based on estimated rates. The overhead application rate is based on total estimated overhead costs of $280,000 and direct labor hours of 25,000. During the month of February 2019, Job 2-1 incurred direct labor of 450 hours. Use this information to prepare the end of the month application General Journal entry (without explanation) of factory overhead for Job 2-1 for the month. If no entry is required then write "No Entry Required."
General Journal:
Date | Accounts | Debit | Credit |
2/28/19 |
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