Centore Incorporated has provided the following data for the month of June. There were no beginning inventories; conseque direct labor, and manufacturing overhead applied listed below are all for the current month Direct materials Direct labor Manufacturing overhead applied Total Work In Finished Process Goods $ 650 2,180 930 $3,760 Multiple Choice Cost of Goods Sold debit to Cost of Goods Sold of $2.220 Total $ 7,590 $ 24,860 $ 33,100 20,700 90.680 7,130 31,000 Manufacturing overhead for the month was underapplied by $3,000. The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished g the end of the month on the basis of the overhead applied during the month in those accounts. The journal entry to record the allocation of any underapplied or overapplied manufacturing overhead for June wo 67,800 22,940 $35,420 $115,600 $154,780
Centore Incorporated has provided the following data for the month of June. There were no beginning inventories; conseque direct labor, and manufacturing overhead applied listed below are all for the current month Direct materials Direct labor Manufacturing overhead applied Total Work In Finished Process Goods $ 650 2,180 930 $3,760 Multiple Choice Cost of Goods Sold debit to Cost of Goods Sold of $2.220 Total $ 7,590 $ 24,860 $ 33,100 20,700 90.680 7,130 31,000 Manufacturing overhead for the month was underapplied by $3,000. The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished g the end of the month on the basis of the overhead applied during the month in those accounts. The journal entry to record the allocation of any underapplied or overapplied manufacturing overhead for June wo 67,800 22,940 $35,420 $115,600 $154,780
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter5: Product And Service Costing: Job-order System
Section: Chapter Questions
Problem 21E: Lorrimer Company has a job-order cost system. The following debits (credits) appeared in the...
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