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This one is so confusing - please help. As you can see on the attached problem, I need to adjust certain amounts to align with
This one is so confusing - please help.
As you can see on the attached problem, I need to adjust certain amounts to align with my "class start date" which was in June.
I can't find the original amounts listed below. Is there any way you can look at the whole Ch4, Pb2 in these attachments and help me figure this one out?
Account to be changed | Original Amount
| Jan - Feb | Mar - Apr | May - Jun |
Direct materials job 115 | 165 | 215 | 265 | 315 |
Direct labor incurred job 116 | 191 | 266 | 341 | 416 |
LISTEN TO AUDIO/VIDEO EXPLAINING THE GUIDANCE REPORT Exercise/ Problem Ch 4 Ex 4 Account to be changed Materials Labor Actual Factory Overhead Questions a. Uniflex's overhead application rate. (This rate needs to be recalculated because the labor has changed.) b. The balance of the Work in Process account on January 31, 20X5. Job 241 Material Labor Overhead Total Job 242 Material Labor Overhead Total c. The amount of over- or underapplied overhead for 20X5. Indicate whether overhead was overapplied or underapplied. 1 AUDIO/VIDEO EX 5
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