Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on...

80.2K

Verified Solution

Question

Accounting

Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For the current year, estimated direct labor hours are 133,000 and estimated factory overhead is $784,700. The following information is for September. Job X was completed during September, while Job Y was started but not finished. September 1, inventories: Materials Work-in-process (All Job X) Finished goods Materials purchases Direct materials requisitioned: Job X Job Y Direct labor hours: Job X Job Y Labor costs incurred: Direct labor ($6.00 per hour) Indirect labor Factory supervisory salaries Rental costs: Factory Administrative offices Total equipment depreciation costs: Factory Administrative offices Indirect materials used The total factory overhead applied during September is: $ 24,000 53,400 105,600 $157,000 $ 74,000 68,000 7,000 5,500 $ 75,000 24, 200 11,100 $ 9,300 3,200 $ 10,400 2,800 $ 17,800
image
Beckner inc: is a job otder manufacturec. The company uses a predetermined overhead rate based on direct labor hours to appily overthead to indlvidual jobs. For the current year, estimated direct labor hours are 133.000 and estimated factory overhead is $784,700 The following information is for September. Job X was completed during September, while Job Y was started but not finished. The total factory overtuead applied during September is

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students