Blakely Company estimates that total factory overhead costs will be $160,000 for the year. Direct labor hours

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Blakely Company estimates that total factory overhead costs will be $160,000 for the year. Direct labor hours are estimated to be 20,000. For Blakely Company
(a) Determine the predetermined factory overhead rate,
(b) Determine the amount of factory overhead applied to Jobs 50 and 51 in October using the data on direct labor hours from Practice Exercise 19-2B, and
(c) Prepare the journal entry to apply factory overhead to both jobs in October according to the predetermined overhead rate.

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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