Factory overhead applied to production

Assignment Help Accounting Basics
Reference no: EM13160141

During the period, labor costs incurred on account amounted to $250,000 including $200,000 for production orders and $50,000 for general factory use. In addition, factory overhead applied to production was $23,000. From the following, select the entry to record the factory overhead applied to production.

Reference no: EM13160141

Questions Cloud

How many moles of steam are produced : How many moles of steam are produced at 2.00 atm and 202.0 by the complete combustion of 12.50 L of methane gas?
What would be the effect of a mutation : Why do mutations that inactivate the 3'-5' exonuclease activity of DNA polymerase III greatly increase the frequency of mutations? What would be the effect of a mutation that inactivated the 5'-3' exonuclease activity of DNA polymerase I?
What is the opportunity cost of producing more units : If a country is currently producing 11 units of health care and 16 units of education, what is the opportunity cost of producing 5 more units of education?
State what occurs at the molecular level of an extraction : What occurs at the molecular level of an extraction? We did an extraction of benzoic acid using NaOH and diethyl ether dried to 1, 4-dimethoxybenzoate using NaOh
Factory overhead applied to production : During the period, labor costs incurred on account amounted to $250,000 including $200,000 for production orders and $50,000 for general factory use. In addition, factory overhead applied to production was $23,000. From the following, select the e..
What is the ph : A volume of 25.0 mL of 0.100 M HCO2H(aq) is titrated with 0.100 M NaOH(aq). What is the pH after the addition of 12.5 mL of NaOH? (Ka for HCO2H = 1.8 × 10-4)
Matlab: create a function that will use the secant method : MATLAB: Create a function that will use the Secant method
Which would be most abundant : Niremberg used the enzyme polynucleotide phosphorylase to assembleRNAs with random sequences in the absence of a template. Supposethey added the enzyme to a solution of 90%CTP and 10%UTP, and thenused a cell-free system of protein synthesis to mak..
C program that compare the time required : Write a C program that compare the time required to compute the product of two 10,000 x 10,000 matrices with and without optimization for locality.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Present value of the income stream

Now compute the present value of the income stream from the gold mine at a discount rate of 5%, and at a discount rate of 3%

  Comparison between allocated overhead and actual

The result of the comparison between allocated overhead and actual would be...

  Capital budgeting method problem

The capital budgeting method that divides a project's annual incremental net operating income by the initial investment is the:

  Describe your state laws on garnishments

For this activity you will describe your state's laws on garnishments. In a separate paragraph, explain why you think that garnishments are necessary or what other alternatives to garnishments may be available.

  Computing bond intrest expense over bond life

Sears issuses 4.5% five-year bonds dated january 1, 2010, with $230,000 par value. The bonds pay intrest on june and december 31 and are issued at a price of $235,160. The annual market rate is 4% on the issued date. Calculate the total bond intre..

  What sales are needed by cunningham to break even

Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $60,000. What sales are needed by Cunningham to break even?

  What is a stock repurchase

What is a stock repurchase? Describe the procedures a company follows when it make a distribution through a stock purchase.

  Income under absorption costing

During the year just ended, Kerry Company's income under absorption costing was $3,000 lower than its income under variable costing.

  Convergence of us gaap and ifrs

Once the convergence of US GAAP and IFRS has been completed, should US companies restatement their financials for a better comparsion for prior years? Why/why not?

  Calculate basic pay-overtime pay-bonus pay

Calculate the gross wages of each worker for Week 4. Show clearly the basic pay, overtime pay and bonus pay; Using the answer in (a), analyze the total gross wages of the workers into Direct Wages and Indirect Wages;

  Social security and medicare

Lana Powell has cumulative earnings of $106,700 at the end of September. In the 1st week in October she earns $2,000. The amount deducted for Social Security and Medicare from her check is: (Assume Social Security rate of 6.2% on $106,800 and Medi..

  Consolidated sales and cost of goods sold

During the current year, Top sold merchandise to Bottom for $100,000. The subsidiary still possesses 40 percent of this inventory at the end of the current year. Top had established the transfer price based on its normal markup. What are consolida..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd