Selected accounts with amounts omitted are as follows Working in Process Aug 1 Balance 272,520 Aug 31 Goods finished 164,440 31 Direct material X 31 Direct labor 36,200 31 Factory overhead x Factory overhead Aug 1 31 Costs incurred 92,290 Aug 1 Balance 12,190 31 Applied (30 of direct labor cost) X ...

a48270 Overhead applied 3620030 1 ...

Selected accounts with amounts omitted are as follows Working in Process Aug .1 Balance 272,520 Aug.31 Goods

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Selected accounts with amounts omitted are as follows

Working in Process
Aug .1	Balance	272,520	Aug.31	Goods finished	164,440
31	Direct material	X
31	Direct labor	36,200
31	Factory overhead	x

Factory overhead
Aug.1-31	Costs incurred	92,290	Aug.1	Balance	12,190
			31	Applied
				(30 % of direct labor cost)	X

If the balance of Work in Process on August 31 is $203,410, what was the amount debited to Work in Process for direct materials in August?

a.$48,270

b.$105,310

c.$512,130

d.$347,690

Related Book For answer-question

Financial and Managerial Accounting

ISBN: 978-0538480895

11th Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Posted Date: Oct 08, 2018 12:23 AM

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Selected accounts with amounts omitted are as follows Working in Process Aug .1 Balance 272,520 Aug.31 Goods

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Financial and Managerial Accounting

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