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me File Edit View History Bookmarks People Window Help Check Your Work mheducati

ID: 2403758 • Letter: M

Question

me File Edit View History Bookmarks People Window Help Check Your Work mheducation.com/hm.tpx Fairfield company applies manufacturing overhead to products at a predetermined rate of $48 per direct labor hour, Its actual manufacturing costs for the most recent period are summarized here: Total Cost 89,000 29,000 Description Used on Jobs 101 and 102 Used on multiple jobs 750 hours $28 per hour 200 hours for Job 101 300 hours for Job 102 250 hours for Job 103- Direct materials Indirect materials Hourly labor wages 5,600 8,400 7,000 21,000 Factory supervision Production engineer Factory janitorial work Selling, general, and administrative salaries Other manufacturing overhead costs (factory rent, insurance, depreciation, etc.) 3,800 7,800 2,300 8,800 7,300 Other selling. general, and administrative costs (office rent insurance, depreciation, etc) 5.800 1.Post the preceding information to Fairfield Company's Manufacturing Overhead T-account. Answer is not complete. Manufacturing Overhead 29000 36,000Applied OH 3,800 7,800 2.3000 7,300 14,200 Other Factory Overhead Balance Check my work

Explanation / Answer

The T-Account is completed as below:

Manufacturing Overhead Indirect Materials 29,000 36,000 Applied OH Factory Supervision 3,800 Production Engineer 7,800 Factory Janitorial Work 2,300 Other Factory Overhead 7,300 Balance $14,200