Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. simmons inc. applies overhead to production at a p

Simmons Inc. applies overhead to production at a predetermined rate of 90% based on direct...

70.2K

Verified Solution

Question

Accounting

Simmons Inc. applies overhead to production at a predetermined rate of 90% based on direct labor cost. Job No.250, the only job still in process at the end of August, has been charged with manufacturing overhead of $8,100. What was the amount of direct materials charged to Job 250 assuming the balance in Work in Process inventory is $30,000?
Group of answer choices
$ 9,000.
$30,000.
$ 8,100.
$12,900.

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

Biology
1.2K views

Draw and/or describe how the edges of objects are encoded in the primary visual cortex.

Programming
1.2K views

PC2 and PC4 have been configured correctly with the IP addresses 172.156.2.22 and 172.156.2.44. But PC2...

Mechanical Engineering
1.2K views

Define the phenomenon of Springback in sheetmetal forming, and provide a detailed explanation of the methods...

Physics
1.2K views

In the situation shown a man of mass 60 kg is initially located at the...

Calculus
1.2K views

Find the derivative of the functionf(t) = arccsc(-t)f'(t) =

Calculus
1.2K views

Evaluate the formula for the given quantity C F 32 Find C when F 76...

Accounting
1.2K views

Distinguish between Simple Costing System and Activity-Based Costing System

Accounting
1.2K views

this year bauer corporation incurs the foloowing costs cost in developement of new products laboratory...

Accounting
1.2K views

Take-a-Break Travel Company offers spring break travel packages to college students. Two of its packages,...

Accounting
1.2K views

An asset for drilling was purchased and placed in service by a petroleum production company....

Accounting
1.2K views

Exercise 24-2 Doug's Custom Construction Company is considering three new projects, each requiring an equipment...

Finance
1.2K views

13 The market price of a share of preferred stock is $20.67. The market uses...