Neptune Fabrication Plant has provided you with the following information: Total...

60.1K

Verified Solution

Question

Accounting

image
Neptune Fabrication Plant has provided you with the following information: Total manufacturing overhead costs estimated at the beginning of the year $252,000 Total direct labor costs estimated at the beginning of the year $129,000 Total direct labor hours estimated at the beginning of the year 5,250 direct labor hours Actual manufacturing overhead costs for the year $242,000 Actual direct labor costs for the year $134,000 Actual direct labor hours for the year 4,800 direct labor hours The company bases its manufacturing overhead allocation on direct labor hours. What was the unadjustert ending balance in the Manufacturing Overhead account? O A. $11,600 debit balance O B. $11,600 credit balance OC. $19,767 credit balance OD. $19,767 debit balance Click to select your answer. MacB

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