Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
vanessavz vanessavz
wrote...
Go to Answer
Posts: 149
Rep: 0 0
A year ago
Dusk Industries produces industrial convection ovens. For the year, management estimated that total manufacturing overhead would be $3,079,980. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 144,600 direct labor hours. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control:

Actual direct labor hours worked145,360
Actual overhead incurred$3,062,590
Finished Goods Inventory$525,600
Cost of Goods Sold$4,864,000

If Dusk closes the entire amount of under- or overapplied overhead to Cost of Goods Sold, what will be the ending balance in that account?

▸ $4,897,578

▸ $4,846,610

▸ $4,864,000

▸ $4,830,422
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 37 times
1 Reply
Replies
Answer verified by a subject expert
flash33101flash33101
wrote...
#1
Posts: 135
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

vanessavz Author
wrote...

A year ago
Just got PERFECT on my quiz
bkrandy
wrote...

Yesterday
Correct Slight Smile TY
ky
wrote...

2 hours ago
This site is awesome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1254 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 260
  
 48
  
 2393
Your Opinion
Where do you get your textbooks?
Votes: 372
Previous poll results: Which is the best fuel for late night cramming?