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Question
Using the following accounts and an overhead rate of 80% of direct labor cost, determine the amount of applied overhead.
| Goods in Process Inventory | Finished Goods Inventory | |||||
| Beg. Bal. 53,000 | Beg. Bal. 9,000 | |||||
| D.M. 48,000 | 200,000 | 129,000 | ||||
| D.L. ? | ||||||
| O.H. ? | F. G. ? | |||||
| End. Bal. 36,000 | End. Bal. 80,000 | |||||
A. $135,000
B. $75,000
C. $60,000
D. $101,000
E. $17,000
Answer
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