Chapter $7$ Job Costing $($i$)$

$13$

Exercise $7-39($Algo$)$ Applying Overhead Using a Predetermined Rate $($LO $7-3)$

$\mathrm{.}5$

Jason's Custom Tooling $($JCT$)$ uses a job order cost system and applies overhead using a predetermined overhead rate based oints direct labor costs. The following debits $($credits$)$ appeared in Work$-$in$-$Process Inventory for November:

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$\backslash$table$[[,$Description,Amount$],[$November $1,$Balance,$$39,100$