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WILL RATE turing Moy. $68.500 in raw matetiais (oll direct marenaig) were drawn from inventory and used in producton. The compacy's predesermined overhead rate was
WILL RATE
turing Moy. $68.500 in raw matetiais (oll direct marenaig) were drawn from inventory and used in producton. The compacy's predesermined overhead rate was $12 per direct iabor thouc. and it poid its direct labor workers $15 per hour: A total of 500 hours of diect labor time had been expended on the jobs in the beginning Work in Process inventory account. The ending: Work in Process inventory account conmained $8,050 of direct materials cast. The Corporation incurred $45,000 of actuat manutacturing overhead cost during the month and appled 545.600 in manufacturing overhead cost. The actual direct laborhours worked during Moy totaled Wutple chere 3 sob hewn a ooo houls 3,750 heure Work in frocess imventory occount contained $8.050 or clirect materials cont. The Corporabion incurred 545,000 of actual manutactaring ovemead cost during the mohith and oppled 545.600 in manufacturing overhesd cost. The sctubt direct teborhoors worked ouring May iotalect. Mupin cheke 3 ilog Nout 6 ooo houn 3750 Nevis 1000 noor Step by Step Solution
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