Question: don't copy paste solution 15. LO.4 (Cost accumulation) Croftmark Co. began 'tionsu Work in Process Inventory account on May 31 appe 010. Itk Direct Direct
15. LO.4 (Cost accumulation) Croftmark Co. began 'tionsu Work in Process Inventory account on May 31 appe 010. Itk Direct Direct labor Applkd overhead Work in Process Inventory Cost plete 268,800 The company applies overhead on the basis of dirlet y one job was still in process on May 31. That job had $75,450 in direct material and $36,200 in direct labor cost assigned to it. a. What was the predetermined overhead application rate?IiA/ b. What was the balance in WIP Inventory At the end Of'1aY? c. What was the total cost Of jobs 16- LO.4 (Journal entries; cost accumulaijon) Ihe folloWir\g costs 'ere incurred in , which produces customized steel storage bins: February 2010 by Container Direct material purchased on account Direct material used for jobs: Job *217 Job 218 Other jobs 105600
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