P-CK Corporation operates a factory where overhead is applied on the basis of labor hours. ...
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P-CK Corporation operates a factory where overhead is applied on the basis of labor hours. • Estimated overhead costs for the year: $363,280 • Estimated labor hours for the year: 30,400 Actual activity for a specific month of operations are: • $40,423 of actual overhead costs incurred 3,040 labor hours Calculate the Predetermined Overhead Rate per labor hour (round to the nearest hundredth/input code: 0.00) For the month, what is the amount of overhead applied to jobs? (round to the $ nearest whole dollar/input code: 0) For the month, how many dollars would P-CK Corporation be over-applied (enter as a positive value) or under-applied (enter as a negative value) (round to the nearest whole dollar/input code: 0) $ P-CK Corporation makes the following journal entry: Dr. Work in Process Cr. Overhead What is the dollar amount that should be used for this journal entry? (input code: 0) P-CK Corporation makes the following journal entry: tA Dr. Cost of Goods Sold Cr. Overhead What is the dollar amount that should be used for this journal entry? (input code: 0) to LA per labor hour P-CK Corporation operates a factory where overhead is applied on the basis of labor hours. • Estimated overhead costs for the year: $363,280 • Estimated labor hours for the year: 30,400 Actual activity for a specific month of operations are: • $40,423 of actual overhead costs incurred 3,040 labor hours Calculate the Predetermined Overhead Rate per labor hour (round to the nearest hundredth/input code: 0.00) For the month, what is the amount of overhead applied to jobs? (round to the $ nearest whole dollar/input code: 0) For the month, how many dollars would P-CK Corporation be over-applied (enter as a positive value) or under-applied (enter as a negative value) (round to the nearest whole dollar/input code: 0) $ P-CK Corporation makes the following journal entry: Dr. Work in Process Cr. Overhead What is the dollar amount that should be used for this journal entry? (input code: 0) P-CK Corporation makes the following journal entry: tA Dr. Cost of Goods Sold Cr. Overhead What is the dollar amount that should be used for this journal entry? (input code: 0) to LA per labor hour
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