Use the following information of Alfred Industries. Standard Manufacturing overhead based on normal monthly volume: Fixed: ($360,000

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Use the following information of Alfred Industries.

Standard Manufacturing overhead based on normal monthly volume:

Fixed: ($360,000 /30,000 units) = $12

Variable: ($90,000/ 30,000 units) = 3 $15

Units actually produced in current month: 25,000 units

Actual overhead costs incurred (including $300,000 fixed): $420,000

Prepare the journal entry to record the overhead at Alfred Industries.

Related Book For answer-question

Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Posted Date: Dec 11, 2020 09:32 AM

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Use the following information of Alfred Industries. Standard Manufacturing overhead based on normal monthly volume: Fixed: ($360,000

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Engineering Economy

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