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Question
Selected accounts with some amounts omitted are as follows:
| Work in Process | |||||
| Aug. 1 | Balance | 275,000 | Aug. 31 | Goods finished | 1,030,000 |
| 31 | Direct materials | X | |||
| 31 | Direct labor | 450,000 | |||
| 31 | Factory overhead | X | |||
| Factory Overhead | |||||
| Aug. 1–31 | Costs incurred | 145,000 | Aug. 1 | Balance | 15,000 |
| | 31 | Applied | X | ||
If the balance of Work in Process on August 31 is $220,000, what was the amount debited to Work in Process for factory overhead in August, assuming a factory overhead rate of 30% of direct labor costs?
a. $10,000
b. $70,000
c. $120,000
d. $135,000
Answer
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