Answer:
Manufacturing overhead cost applied= $280,720
Explanation:
Giving the following information:
Plantwide predetermined overhead rate of $23.20 per direct labor-hour.
Estimated $278,400 of total manufacturing overhead cost.
Estimated activity level of 12,000 direct labor-hours.
The company incurred actual total manufacturing overhead costs of $269,000 and 12,100 total direct labor-hours during the period.
Manufacturing overhead cost applied= actual direct labor hours* predetermined overhead rate
Manufacturing overhead cost applied= 12100* 23.20= $280,720
Answer:
A.)wage-earning employees receive pay based on the number of hours worked
Explanation:
Answer:
The correct answer is letter "B": materials requisition.
Explanation:
Materials requisition is a form to request materials needed in the production process. Typically, the production department fills out the request to be received by the inventory unit in the organization. The materials requisition form is also helpful to keep track of the materials being used which at the same time will allow charging the targeted job for the cost of the items requested.
As such, the materials requisition is part of the <em>Work in Progress</em> (WIP) account.
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