This topic contains a solution. Click here to go to the answer

Author Question: Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a ... (Read 96 times)

captainjonesify

  • Hero Member
  • *****
  • Posts: 543
Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $18 per direct labor-hour. The following data are obtained from the accounting records for June 2018:

Direct materials$170,000
Direct labor (4,600 hours @ $10/hour)46,000
Indirect labor17,000
Plant facility rent34,000
Depreciation on plant machinery and equipment24,500
Sales commissions33,000
Administrative expenses28,000

For June 2018, manufacturing overhead is ________.
◦ overallocated by $7,300
◦ underallocated by $20,700
◦ overallocated by $20,700
◦ underallocated by $7,300


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by captainjonesify on Mar 6, 2021

Yixagurpuldink

  • Sr. Member
  • ****
  • Posts: 341
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.
Answer Preview
Only 49% of students answer this correctly




captainjonesify

  • Member
  • Posts: 543
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


  • Member
  • Posts:
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

For a complete list of videos, visit our video library