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14.02.2020 •
Business
The following information is available for the current year ending December 31:
Manufacturing overhead applied $150,000
The actual amount of manufacturing overhead costs 120,000 Knowledge Check 01
What is the balance of the Manufacturing Overhead account and is overhead underapplied or overapplied at the end of the year?
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Ответ:
Over/under allocation= $30,000 overapplied
Explanation:
Giving the following information:
Manufacturing overhead applied $150,000
The actual amount of manufacturing overhead costs 120,000
To calculate the ending balance, we need to determine whether the overhead was under or over applied:
Over/under allocation= real MOH - allocated MOH
Over/under allocation= 120,000 - 150,000= 30,000 overapplied
Ответ:
Express ideas respectfully
Listen to other's ideas
Be open to alternate options
Explanation: