Mai Ling Inc., incurred the following actual overhead costs for the month of March: Account Cost Indirect materials 8,000 Indirect labor 25,000 Factory equipment depreciation 6,000 Factory building rent 7,000 Environmental compliance costs 5,000 Overhead is applied based on a predetermined rate of $10 per direct labor hour, and 6,000 direct labor hours were used during March. The balance of the T account for Manufacturing Overhead (MOH) would show which of the following? Group of answer choices $9,000 of debit balance of overallocated MOH $14,000 of debit balance of under allocated MOH $14,000 of credit balance of overallocated MOH $9,000 of credit balance of overallocated MOH
Mai Ling Inc., incurred the following actual overhead costs for the month of March: Account Cost Indirect materials 8,000 Indirect labor 25,000 Factory equipment depreciation 6,000 Factory building rent 7,000 Environmental compliance costs 5,000 Overhead is applied based on a predetermined rate of $10 per direct labor hour, and 6,000 direct labor hours were used during March. The balance of the T account for Manufacturing Overhead (MOH) would show which of the following? Group of answer choices $9,000 of debit balance of overallocated MOH $14,000 of debit balance of under allocated MOH $14,000 of credit balance of overallocated MOH $9,000 of credit balance of overallocated MOH
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter2: Job Order Costing
Section: Chapter Questions
Problem 4BE: Applying factory overhead Bergan Company estimates that total factory overhead costs will be 620,000...
Related questions
Question
Mai Ling Inc., incurred the following actual overhead costs for the month of March:
| Account | Cost |
|---|---|
| Indirect materials | 8,000 |
| Indirect labor | 25,000 |
| Factory equipment depreciation | 6,000 |
| Factory building rent | 7,000 |
| Environmental compliance costs | 5,000 |
Overhead is applied based on a predetermined rate of $10 per direct labor hour, and 6,000 direct labor hours were used during March. The balance of the T account for Manufacturing Overhead (MOH) would show which of the following?
Group of answer choices
$9,000 of debit balance of overallocated MOH
$14,000 of debit balance of under allocated MOH
$14,000 of credit balance of overallocated MOH
$9,000 of credit balance of overallocated MOH
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