Bedok Co. Ltd, which absorbs overhead at the rate of 190% of direct materials cost, began work on job no. 101 during June. The job was completed in July and the goods were sold during August, having accumulated direct material and labour charges of $27,000 and $15,000, respectively. The total overhead applied to job no. 101 amounted to: Question 4 options: 1) $0 2) $28,500 3) $51,300 4) $70,500
Bedok Co. Ltd, which absorbs overhead at the rate of 190% of direct materials cost, began work on job no. 101 during June. The job was completed in July and the goods were sold during August, having accumulated direct material and labour charges of $27,000 and $15,000, respectively. The total overhead applied to job no. 101 amounted to: Question 4 options: 1) $0 2) $28,500 3) $51,300 4) $70,500
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 15E: The books of Petry Products Co. revealed that the following general journal entry had been made at...
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Bedok Co. Ltd, which absorbs overhead at the rate of 190% of direct materials cost, began work on job no. 101 during June. The job was completed in July and the goods were sold during August, having accumulated direct material and labour charges of $27,000 and $15,000, respectively. The total overhead applied to job no. 101 amounted to:
Question 4 options:
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