Information given for question

work in process inventory:

beginning balance = 916,650

direct material = 589,670

direct labor = 159,600

applied overhead = 127,680

direct labor in beginning work in process balance had a total of 15,200 direct labor hours.

1 job was still in process and it had $73,250 in direct material and 2,850 direct labor hours.

a) What is the predetermined OH rate?

b) What was the average of direct labor rate per hour?

c) What amount of direct material cost was in the beginning balance of work in process inventory?

d) What was the balance in work in process inventory?

Answer rating: 100% (QA)

Answer Lets break down each part of the question a To find the predetermined overhead OH rate we use ... View the full answer