Question: The books of Starlite Products Co revealed that the following

The books of Starlite Products Co. revealed that the following general journal entry had been made at the end of the current accounting period:
Factory Overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000
Under-and Overapplied Factory Overhead . . . . . . . . . . . . . . 2,000
Closed credit balance in factory overhead control account.
The total direct materials cost for the period was $40,000. The total direct labor cost, at an average rate of $10 per hour for direct labor, was one and one half times the direct materials cost. Factory overhead was applied on the basis of $4 per direct labor hour. What was the total actual factory overhead incurred for theperiod?


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  • CreatedMay 05, 2014
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