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Author Question: Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a ... (Read 41 times)

leo leo

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on: Mar 6, 2021

Question 1

For externally reported inventory costs, the Work-in-Process Control account is increased (debited) by ________.
◦ marketing costs
◦ allocated plant utility costs
◦ the purchase costs of direct and indirect materials
◦ customer-service costs

Question 2

Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $15 per direct labor-hour. The following data are obtained from the accounting records for June 2018:

Direct materials$100,000
Direct labor (4,000 hours @ $10/hour)40,000
Indirect labor10,000
Plant facility rent26,000
Depreciation on plant machinery and equipment24,500
Sales commissions23,000
Administrative expenses31,000

The amount of manufacturing overhead allocated to all jobs during June 2018 totals ________.
◦ $91,500
◦ $60,000
◦ $76,000
◦ $60,500
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by leo leo on Mar 6, 2021

Expo

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Reply #1 on: Mar 6, 2021
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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leo leo

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Reply 2 on: Mar 6, 2021
Gracias!

abro1885

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Reply 3 on: Yesterday
Excellent

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