TEXXON company dispose the under-overallocated manufacturing overhead using proration based on based on the amount of...
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TEXXON company dispose the under-overallocated manufacturing overhead using "proration based on based on the amount of manufacturing overhead allocated to WIP.EG and COGS accounts. Account Work in process control (WIP) Finished goods (FG) Cost of Goods Sold (COGS) Total Account balance Manufacturing (before proration) 190.000 Overallocation 270.000 Underallocation 300.000 Underallocation We can't find the answer 100,000 150,000 4,750,000 Overhead in Each Account Balance Allocated in the Current Year (Before Proration) ? ? 2,064,960 2,160,000 Q1- The amount of over or underallocated overhead is equal to MOH in each account balance allocated in the current year as a percent of total ? 2.9% ? TEXXON company dispose the under-overallocated manufacturing overhead using "proration based on based on the amount of manufacturing overhead allocated to WIP.EG and COGS accounts. Account Work in process control (WIP) Finished goods (FG) Cost of Goods Sold (COGS) Total Account balance Manufacturing (before proration) 190.000 Overallocation 270.000 Underallocation 300.000 Underallocation We can't find the answer 100,000 150,000 4,750,000 Overhead in Each Account Balance Allocated in the Current Year (Before Proration) ? ? 2,064,960 2,160,000 Q1- The amount of over or underallocated overhead is equal to MOH in each account balance allocated in the current year as a percent of total ? 2.9% ?
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Question Standard costs for actual production 2240000 56000 54000 2160000 So Allocated overheads 216... View the full answer
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133138443
7th Canadian Edition
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham
Posted Date:
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