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The following selected ledger accounts of Cameron Company are for February ( the second month of its accounting year ) : table [ [
The following selected ledger accounts of Cameron Company are for February the second month of its accounting year: tableMaterials InventoryFeb balance,February credits,February debits,Manufacturing OverheadFebruary debits,Feb. balance,February credits,Work in Process InventoryFeb balance,February credits,February debits:Direct material,Direct Labor,Man overhead,Wages PayableFebruary debits,Feb. balance,February credits,Finished Goods InventoryFeb balance,February credits,February debits, a Determine the amount of indirect material requisitioned for production during February. $ b How much indirect labor cost was apparently incurred during February? c Calculate the manufacturing overhead rate based on direct labor cost. d Was manufacturing overhead for February under or overapplied, and by what amount? Manufacturing overhead was by $ for February. e Was manufacturing overhead for the first two months of the year under or overapplied, and by what amount? Manufacturing overhead was by $ for the first two months.
The following selected ledger accounts of Cameron Company are for February the second month of its accounting year:
tableMaterials InventoryFeb balance,February credits,February debits,Manufacturing OverheadFebruary debits,Feb. balance,February credits,Work in Process InventoryFeb balance,February credits,February debits:Direct material,Direct Labor,Man overhead,Wages PayableFebruary debits,Feb. balance,February credits,Finished Goods InventoryFeb balance,February credits,February debits,
a Determine the amount of indirect material requisitioned for production during February.
$
b How much indirect labor cost was apparently incurred during February?
c Calculate the manufacturing overhead rate based on direct labor cost.
d Was manufacturing overhead for February under or overapplied, and by what amount?
Manufacturing overhead was by $ for February.
e Was manufacturing overhead for the first two months of the year under or overapplied, and by what amount?
Manufacturing overhead was by $ for the first two months.
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