Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
mregueral mregueral
wrote...
Posts: 136
Rep: 0 0
11 months ago

The accounting records of Omar Corporation contained the following information for last year:

BeginningEnding
Direct materials inventory$ 9,000$ 7,000
Work in process inventory$17,000$31,000
Finished goods inventory$10,000$15,000

Manufacturing Costs Incurred
Direct materials used$ 72,000
Overhead applied$ 24,000
Direct labor cost (10,000 hours)$ 80,000
Depreciation$ 10,000
Rent$ 12,000
Taxes$ 8,000
Unadjusted cost of goods sold (does not include overapplied or underapplied overhead)$157,000

Selling, General, and Administrative Costs Incurred
Advertising$ 35,000
Rent$ 20,000
Clerical$ 25,000

If Omar Corporation applies overhead to jobs on the basis of direct labor-hours and Job 3 took 120 hours, how much overhead should be applied to that job?



▸ $960

▸ $360

▸ $528

▸ $288
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 49 times
1 Reply
Replies
Answer verified by a subject expert
jcochran128jcochran128
wrote...
Posts: 117
Rep: 0 0
11 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

mregueral Author
wrote...

11 months ago
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

Yesterday
This site is awesome
wrote...

2 hours ago
Helped a lot
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  959 People Browsing
Related Images
  
 302
  
 792
  
 198
Your Opinion
Who's your favorite biologist?
Votes: 585