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TiliK225 [7]
3 years ago
9

Using the following accounts and an overhead rate of 80% of direct labor cost, determine the amount of applied overhead. Work in

Process Inventory Beginning WIP 18,300 Direct Materials54,900 Direct Labor
Business
1 answer:
Basile [38]3 years ago
8 0

Answer:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Explanation:

Giving the following information:

Overhead is applied base on an estimated overhead rate of 80% of direct labor cost.

<u>We weren't provided with enough information to calculate the allocated overhead. But, I will give a numerical example as well as the formula:</u>

To allocate overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

For example:

Direct labor= $50,000

Allocated overhead= 0.8*50,000= $40,000

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Answer:

57.8$

Explanation:

Here we know that:

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3 years ago
You work as an assistant coach on the university swim team and earn $13 per hour. One day, you decide to skip the hour-long prac
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Answer:

The answer is: $22

Explanation:

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Su Industries has international subsidiaries in Asia. These subsidiaries enter into transactions in both the US dollar and local
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