Wosepka Welding Company applied factory overhead at a rate of $8.50 per direct-labour-hour. Selected data for 2010
Question:
Wosepka Welding Company applied factory overhead at a rate of $8.50 per direct-labour-hour. Selected data for 2010 operations are as follows (in thousands):
Compute for both cases:
1. Factory overhead applied.
2. Total factory overhead incurred.
3. Amount of under applied or over applied factory overhead.
Transcribed Image Text:
Case 1 Case 2 Direct-labour-hours 30 36 Direct labour cost $220 $245 Indirect labour cost 32 40 Sales commissions 20 15 Depreciation, manufacturing equipment 32 22 Direct material cost 230 250 Factory fuel costs 47 35 Depreciation, finished-goods warehouse Cost of goods sold All other factory costs 5 17 420 510 138 214
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in thousands Case 1 Case 2 1 Applied overhead 30 x 850 255 36 x 850 306 2 Ove...View the full answer
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Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
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