Refer to the information in PA9-1 for Barley Hopp. Number of units produced and sold .... 110,000

Question:

Refer to the information in PA9-1 for Barley Hopp.

Number of units produced and sold .... 110,000

Number of pounds of clay used ...... 178,200

Cost of clay ............. $ 267,300

Number of labor hours worked ..... 150,000

Direct labor cost .........$2,025,000

Variable overhead cost ........ $ 200,000

Fixed overhead cost ........ $ 270,000


Required:

Prepare the journal entries to record Barley Hopp’s fixed manufacturing overhead costs and related variances for last year.


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Related Book For  book-img-for-question

Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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