b) Show whether overhead is over or under applied at the end od the year...
80.2K
Verified Solution
Link Copied!
Question
Accounting
b) Show whether overhead is over or under applied at the end od the year (December 31) and the amount. c) Prepare tbe journal entry to close the over or under applied overhead to the appropriate amount. Blank#1 Blank#2 Bluebell Company applies manufacturing overhead to jobs on the basis of machine hours used. Estimated overhead costs are expected to be $855,000 for the year, and machine usage is estimated at 150,000 hours. During the year, $1,050,000 of overhead costs are actually incurred and 185,000 machine hours are actually worked. Question 2 ( 3 points) Compute the predetermined manufacturing overhead rate for the year
b) Show whether overhead is over or under applied at the end od the year (December 31) and the amount.
c) Prepare tbe journal entry to close the over or under applied overhead to the appropriate amount.
Blank#1
Blank#2
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.