peggycab4201
11.02.2020 •
Business
Filex Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirectminuscost rate of $18 per direct laborminushour. The following data are obtained from the accounting records for June 2014: Direct materials $140,000 Direct labor (4,000 hours @ $10/hour) 40,000 Indirect labor 13,000 Plant facility rent 30,000 Depreciation on plant machinery and equipment 22,500 Sales commissions 24,000 Administrative expenses 28,000 For June 2014, manufacturing overhead is . A. overallocated by $6,500 B. underallocated by $6,500 C. underallocated by $21,500 D. overallocated by $21,500
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Ответ:
A. overallocated by $6,500
Explanation:
Indirect labor 13,000
Plant facility rent 30,000
Depreciation on plant machinery and equipment 22,500
Total overhead: 65,500
applied overhead: $18 x 4000 hours = 72,000
we now compare both, the applied and actual:
72,000 > 65,500
As the applied is greater we overapplied we capitalized cost that didn't occur we must decrease the overhead.
72,000 - 65,500 = 6,500 overallocated
Ответ: