The following form represents an account taken from the general ledger of Brodsky Costumes Company: Answer the
Question:
Answer the following questions:
a. What is the title of the account?
b. Is this a departmentalized factory?
c. What does the balance of $1,100 represent?
d. How was the 50% rate determined? (Explain without numbers.)
e. What disposition should be made of the balance, assuming that this is the end of the fiscalyear?
Transcribed Image Text:
Indirect materials Supervisor's salary Power Building expenses Miscellaneous overhead Bal. 1,100 5001 Work in Process 1,200 | (50% of $16,000 direct labor) 5,000 1,000 8,000 1400 9,100
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a Factory Overhead b No If this were a departmentalized factory the cred...View the full answer
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