The following account balances at the beginning of January were selected from the general ledger of Sailor Manufacturing Company:
| Work in process inventory | $0 |
| Raw materials inventory | $26,000 |
| Finished goods inventory | $46,000 |
Additional data:
| 1) | Actual manufacturing overhead for January amounted to $62,000. |
| 2) | Total direct labour cost for January was $57,000. |
| 3) | The predetermined manufacturing overhead rate is based on direct labour cost. The budget for |
the year called for $300,000 of direct labour cost and $360,000 of manufacturing overhead costs.
| 4) | The only job unfinished on January 31 was Job No. 1002, for which total direct labour charges |
were $6,300 (800 direct labour hours) and total direct material charges were $12,000.
| 5) | Cost of direct materials placed in production during January totaled $101,000. |
| 6) | January 31 balance in raw materials inventory was $32,000. |
| 7) | Finished goods inventory balance on January 31 was $34,500. |
Has manufacturing overhead at Sailor Manufacturing Company been overallocated or underallocated and by what amount as of January 31?
◦ $14,500 underallocated
◦ $6,400 overallocated
◦ $6,400 underallocated
◦ $14,500 overallocated
Interventions for Selected Co-Occurring Conditions
Selected Barbiturates for Insomnia
Selected Antifungal Drugs
A typical General Motors HEI coil installed in the distributor cap. When the coil or distributor cap ...
The nurse begins the general survey
General model of the association of histones and DNA to form nucleosomes