I need an answer for this question ASAP. Global Manufacturing Inc. uses normal c

Question

I need an answer for this question ASAP. Global Manufacturing Inc. uses normal costing during the year to allocate manufacturing overhead to jobs in a job costing system. At year end, it uses the adjusted allocation rate approach to account for underallocated or overallocated overhead. During 2018, Global's manufacturing overhead was underallocated by 10%. Job 117 had the following costs: Direct materials $1,600 Direct labor $3,400 Manufacturing overhead allocated $2,000 Which of the following would be the after adjustment cost of Job 117? Select one O A. $7,700 B.$7.200 C.$6,300 D. $7,340

Explanation / Answer

After adjustment cost of Job 117 = 1600+3400+2000+(2000*10%)= $7200 Option B is correct

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