Question
The Allen Company has the following information related to production for October: Materials purchased $45,000 Materials used 49,000 Direct labor 30,000 Actual manufacturing overhead 56,000
The Allen Company has the following information related to production for October:
Materials purchased $45,000
Materials used 49,000
Direct labor 30,000
Actual manufacturing overhead 56,000
Cost of goods completed and transferred to the Finishing Dept. 125,000
Overhead is applied at a rate of 200 percent of direct labor costs.
What is the total amount of debits to Work in Process for October?
A. $139,000
B. $135,000
C. $79,000
D. $131,000
Please explain how you got the answer
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
17th Edition
1260247783, 978-1260247787
