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Winston Company estimates that total factory overhead for the following year will be $490.200. The company has decided that the basis for applying factory overhead
Winston Company estimates that total factory overhead for the following year will be $490.200. The company has decided that the basis for applying factory overhead should be machine hours, which are estimated to 55.90 hours. The actival total machine hours for the year were 54,600 hours. The actual factory overhead for the year was $1.052.000. Enter the amount as a positive number a. Determine the total factory overhead applied. Round to the nearest dollar. b. Compute the over- or underapplied factory overhead for the year c. Journalze the entry to transfer the over- or underapplied factory overhead to cost of goods sold. If an amount boxes not require an entry leave it blank Cash Cost of Goods Sold Factory Overhead Materials Work in Proces Winston Company estimates that total factory overhead for the following year will be $490,200. The company has decided that the basis for applying factory overhead should be machine hours which hours. The actual total machine hours for the year were 54.600 hours. The actual factory overhead for the year was $1.052.000. Enter the amount as a positive number a. Determine the total factory overhead applied. Round to the nearest dollar. b. Compute the mer or underapplied factory overhead for the year Journalize the entry to transfer the a derappled factory overhead to cost of goods sold. I s amount box does not require an entry leave it blank Cash Cor of Goods Soid Factory Overhead Matenas ated 25.800 Winton Company estimate that total factory overhead for the following year will be $490,200. The company has decided that the basis for applying factory overhead should be machine hours, which are estimated to be 15.800 hours. The anual sotal machine hours for the year were 34,600 hours. The actual factory overhead for the year was $1,052.000. Enter the amount as a positive number a. Determine the total factory overhead applied. Round to the nearest dollar. Compute the ever or underapple factory overheat for the year mals the try to trander the ave factory overhead to cost of goods auld. If an amount box does not lave blank Cash Coof Sony Sod Factory Overhead
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