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Author Question: Here is some basic data for Harold Company:Cost of materials purchases on account$80,000Cost of ... (Read 31 times)

Diane

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on: Jan 4, 2020
Here is some basic data for Harold Company:

Cost of materials purchases on account$80,000
Cost of materials requisitioned (includes $2,000 of indirect)51,000
Direct labour costs incurred82,000
Manufacturing  overhead costs incurred, including indirect materials93,500
Cost of goods completed225,000
Cost of goods sold137,000
Beginning raw materials inventory   17,000
Beginning work in process inventory33,000
Beginning finished goods inventory37,500
Predetermined manufacturing overhead rate (as % of direct labour cost)120%

The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of
◦ $61,200.
◦ $98,400.
◦ $93,500.
◦ $68,333.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by Diane on Jan 4, 2020

chjcharjto14

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Reply #1 on: Jan 4, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Diane

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Reply 2 on: Jan 4, 2020
YES! Correct, THANKS for helping me on my review

upturnedfurball

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Reply 3 on: Yesterday
:D TYSM

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