Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please as soon as possible required information s

please as soon as possible Required information Sai Company uses a job order cost...

60.1K

Verified Solution

Question

Accounting

image

image

please as soon as possible

Required information Sai Company uses a job order cost system and applies manufacturing overhead costs to jobs using a predetermined overhead rate based on direct labour-hours. The following data were extracted from the company's accounting records for Year 6 Estimated $60,000 Actual $66,000 Manufacturing overhead costs Direct labour hours 20,000 hours 26,500 hours Job #461 was completed during the year and the following costs had been incurred on that job: Direct materials: Direct labour: $5,000 $1,500 (at $5.00 per direct labour hour) How much of any underapplied or overapplied overhead would have been due to the fact that the estimated overhead allocation base was different from the actual? How much of any underapplied or overapplied overhead would have been due to the fact that the estimated overhead allocation base was different from the actual? Multiple Choice $6,000 $4,000 $14,000

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