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Author Question: Senator Technology's work in process inventory on July 1 has a balance of $49,000 representing Job ... (Read 69 times)

tiara099

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on: Jan 4, 2020
Senator Technology's work in process inventory on July 1 has a balance of $49,000 representing Job No. 96. During July, $135,000 of direct materials were requisitioned for Job No. 96 and $8,600 of direct labour cost was incurred on Job No. 96. Manufacturing overhead is allocated at a rate of $15.00 per direct labour hour. Actual manufacturing overhead costs incurred in July amounted to $40,000. There were 1,200 actual direct labour hours worked in July. No new jobs were started during July. Job No. 96 is completed on July 28.

A) Determine the total cost assigned to Job No. 96.
B) Is manufacturing overhead over allocated or under allocated for the month of July? By how
much?
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by tiara099 on Jan 4, 2020

aham8f

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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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tiara099

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Reply 2 on: Jan 4, 2020
Thanks for the timely response, appreciate it

cdmart10

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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