Selected accounts with some amounts omitted are as follows Work in Process Aug....
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Accounting
Selected accounts with some amounts omitted are as follows
Work in Process
Aug. 1
Balance
275,000
Aug. 31
Goods finished
1,030,000
31
Direct materials
X
31
Direct labor
450,000
31
Factory overhead
X
Factory Overhead
Aug. 131
Costs incurred
145,000
Aug. 1
Balance
15,000
31
Applied
X
If the balance of Work in Process at August 31 is $220,000, what was the amount debited to Work in Process for factory overhead in August, assuming a factory overhead rate of 30% of direct labor costs?
a.$120,000
b.$135,000
c.$10,000
d.$70,000
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