Question: 1. J company had a beginning work in process inventory balance of $33020. During the year $77000 of direct materials were placed into production. Direct
1. J company had a beginning work in process inventory balance of $33020. During the year $77000 of direct materials were placed into production. Direct labor was $60244 and indirect labor was 19500. Manufacturing overhead is allocated at 130% of direct labor costs. Actual manufacturing overhead was $86500 and job costings $225093 were completed during the year. What is the ending work in process inventory balance?
2. Allocated overhead based on machine hours Estimated MOH cost $250004 Actual MOH cost $247542 Estimated machine hours $20634 Actual machine hours $20331
How much is the predetermined MOH rate per machine hours?
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