Aeldaentos Pte Ltd. has provided the following data for the month of April. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work in ProcessFinished GoodsCost of Goods SoldTotalDirect Materials$ 7,712$ 7,395$ 5,499$ 20,606Direct Labor13,72114,0277,77835,526Manufacturing Overhead Applied33,78253,25122,124109,157Total55,21574,67335,401165,289The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts. Manufacturing overhead for the month was underapplied by $7,847.The Work-in-Process inventory at the end of the month after allocation of any underapplied or overapplied manufacturing overhead for the month is:

The manufacturing overhead is said to be underapplied when actual overhead cost is more than the…

Answered: Aeldaentos Pte Ltd. has provided the…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 12PB: The following data summarize the operations during the year. Prepare a journal entry for each...

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Aeldaentos Pte Ltd. has provided the following data for the month of April. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month.

	Work in Process	Finished Goods	Cost of Goods Sold	Total
Direct Materials	$ 7,712	$ 7,395	$ 5,499	$ 20,606
Direct Labor	13,721	14,027	7,778	35,526
Manufacturing Overhead Applied	33,782	53,251	22,124	109,157
Total	55,215	74,673	35,401	165,289

The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.

Manufacturing overhead for the month was underapplied by $7,847.

The Work-in-Process inventory at the end of the month after allocation of any underapplied or overapplied manufacturing overhead for the month is:

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