Question: During the current month, a company that uses a job order cost accounting system incurred a monthly factory payroll of $ 175,000, paid in cash.

During the current month, a company that uses a job order cost accounting system incurred a monthly factory payroll of $ 175,000, paid in cash. Of this amount, $ 44,000 is classified as indirect labor and the remainder as direct for the production of Job 65A. Factory overhead is applied at 90% of direct labor. Prepare the entry to apply factory overhead to this job lot.

Step by Step Solution

★★★★★

3.42 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Entry to apply factory overhead to t... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

267-B-M-A-J-O-C (1039).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

? ?? Journalize the closing entries. Include Posting References, using the account numbers in your spreadsheet. Refer to your answers from Chapter 4, Part 1 to complete this part. If an amount box...

The adjusted trial balance of John Co. for the year ending December 31, 2025, contains the following. Cash Accounts Receivable Prepaid Rent John Co. Adjusted Trial Balance December 31, 2025 Equipment...

a) The fuel-cost functions of two 800 MW thermal plants in $/h are given by: f=400 +6.0P+0.004(P) f=500+BP +y(P) where P and P are in MW.Find: i. If incremental cost is 8$/MWh when the total power...

In a job order cost accounting system, what records serve as a subsidiary ledger for Goods in Process Inventory? For Finished Goods Inventory?

During the current month, a company that uses a job order cost accounting system incurred a monthly factory payroll of $180,000, paid in cash. Of this amount, $40,000 is classified as indirect labor...

During the current month, a company that uses a job order cost accounting system incurred a monthly factory payroll of $350,000, paid in cash. Of this amount, $90,000 is classified as indirect labor...

During the current month, a company that uses a job order cost accounting system incurred a monthly factory payroll of $120,000, paid in cash. Of this amount, $30,000 is classified as indirect labor...

During the current month a company that uses a job order cost accounting system incurred a monthly factory payroll of $175,000 paid in cash. Of this amount $44,000 is classified as indirect labor and...

During the current month, a company that uses a job order cost accounting system incurred a monthly factory payroll of $75,000, paid in cash. Of this amount, $29,000 is classified as indirect labor...

During the current month, a company that uses a job order cost accounting system incurred a monthly factory payroll of $ 180,000, paid in cash. Of this amount, $ 40,000 is classified as indirect...

The following table shows a recent state income tax schedule for married couples filing a joint return in State X. State X Income Tax - SCHEDULE I MARRIED FILING JOINTLY If taxable income is Over $0...

Liquid octane enters an internal combustion engine operating at steady state with a mass flow rate of 0.0018 kg/s and is mixed with the theoretical amount of air. The fuel and air enter the engine at...

Shale Corporation has a deferred tax asset at December 3 1 , 2 0 2 6 of $ 2 0 0 , 0 0 0 due to the recognition of potential tax benefits of an operating loss carryforward. The enacted tax rates are...

(a) One of your non-engineer friends claims to have discovered a shockwave in which air downstream of the shock is colder than the air upstream of the shock. Comment on the plausibility of this dis-...

Given E.B.'s diagnosis, her physician ordered blood glucose screening. The results of these tests are shown below: Blood Glucose Screening E.B. Lovels Normal lovala Glucose Fasting blood glucose 142...

Suppose that y1 (t) = 11 and y2(t) = 14 are the only equilibrium solutions of y' = f(y), and furthermore any solution of this differential equation exists for all t. If f(13)

Differentiate between inter cooling and after cooling in a compressor.

A witness in a trial testified that he searched 21 cars, of which 12 were convertibles, 16 had out-of-state plates, and 4 were convertibles with out-of-state plates. Explain why the witness was not...

Why might the capital structures of companies from different countries differ?

Jake and Ness are partners who agree that Jake will receive a $60,000 salary allowance and that any remaining income or loss will be shared equally. If Nesss capital account is credited for $1,000 as...

Jones and Bordan are partners, each with $30,000 in their partnership capital accounts. Holly is admitted to the partnership by investing $30,000 cash. Make the entry to show Hollys admission to the...

Mintz agrees to pay Bogg and Heyer $10,000 each for a one-third (33 13 %) interest in the Bogg and Heyer partnership. Immediately prior to Mintzs admission, each partner had a $30,000 capital...

Cash fow to the waman under an interest-only loan, in which Poryi will pay the annual intecest expense each year and pay the principal back at the end of the contract What is the amount of payment...

A project will produce operating cash flows of $45,000 a year for four years. During the life of the project, inventory will be lowered by $30,000 and accounts receivable will increase by $15,000....

30. Consider the market for one-year discount bonds with standard face value of $1,000. Assume that supply and demand curves in this market are both linear, and Q$ = P 700, while demand curve passes...