The company applies overhead on the basis of direct labor

Reference no: EM13605011

The company applies overhead on the basis of direct labor cost. Only one job was steill in process on May 31. The job had $75,450 in direct material and $36,200 in direct labor cost assigned to it.

a. What was the predetermined overhead application rate?

b. What was the balace in WIP Inventory at the end of May?

c. What was the total cost of jobs completed in May?

Reference no: EM13605011

Questions Cloud

A game has a spinner that is equally likely to land on any : a game has a spinner that is equally likely to land on any 1 of 4 colors red blue yellow or green. determine the

Cplete the following table books total utilityquantity : complete the following table. books total utilityquantity marginal utilitymarginal utility per 50

How does this compare to the tabulated value of 5164 ft3lbm : assuming that steam can be treated as an ideal gas what would the specific volume of steam be at 600deg f and 120 psia

What were the initial charges on the spheres since one is : two identical conducting spheres fixed in place attract each other with an electrostatic force of -0.1812 n when

The company applies overhead on the basis of direct labor : the company applies overhead on the basis of direct labor cost. only one job was steill in process on may 31. the job

Trevor hancock has just retired he has set aside enough : trevor hancock has just retired. he has set aside enough money in his retirement fund to be able to withdraw 15000 per

Corporation began operations on january 1 2007 during its : corporation began operations on january 1 2007. during its first 3 years of operations ipad reported net income and

How can using a single pre-determined manufacturing : how can using a single pre-determined manufacturing overhead rate based on a unit-level cost driver cause a high-volume

A hospital can use activity based costing for costing its : a hospital can use activity based costing for costing its services. in a hospital what activities might be considered

User Account

All Pages