23.During last period, a company\'s overhead rate was 150% of direct labor cost.

Question

23.During last period, a company's overhead rate was 150% of direct labor cost. This caused factory overhead to be $10,000 overapplied. Use the following incomplete accounts to determine the cost of goods sold.

A.$130,000
B.$170,000
C.$40,000
D.$60,000
E.$90,000

23.During last period, a company's overhead rate was 150% of direct labor cost. This caused factory overhead to be $10,000 overapplied. Use the following incomplete accounts to determine the cost of goods sold. A.$130,000 B.$170,000 C.$40,000 D.$60,000 E.$90,000

Explanation / Answer

B.$170,000

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