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danyyzz danyyzz
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A year ago

Alberta Corporation uses a job-order costing system. The following data relate to the just completed month's operations.

  1. (1) Direct materials requisitioned for use in production, $170,000

  2. (2) Indirect materials requisitioned for use in production, $11,000

  3. (3) Direct labor wages incurred, $105,000

  4. (4) Indirect labor wages incurred, $103,000

  5. (5) Depreciation recorded on factory equipment, $38,000

  6. (6) Additional manufacturing overhead costs incurred, $63,000

  7. (7) Manufacturing overhead costs applied to jobs, $200,000

  8. (8) Cost of jobs completed and transferred from Work in Process to Finished Goods, $450,000

Required:
a. Where appropriate, post the above transactions to the Work in Process and Manufacturing Overhead T-accounts.
b. Determine the underapplied or overapplied overhead for the month.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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gagan17gagan17
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A year ago
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danyyzz Author
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A year ago
this is exactly what I needed
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Just got PERFECT on my quiz
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