Answered You can hire a professional tutor to get the answer.

QUESTION

Walsh Corporation applies overhead cost to jobs on the basis of 80% of direct labor cost. If Job 210 shows $10,000 of manufacturing overhead cost

I need help with these two questions on cost accounting. please explain your work.

Walsh Corporation applies overhead cost to jobs on the basis of 80% of direct labor cost. If Job 210 shows $10,000 of manufacturing overhead cost applied, how much was the direct labor cost on the job?Select one:t of 2a. $10,000b. $8,000C. $11,000d. $ 12,5002Weatherhead Inc. has provided the following data for the month of March. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed beloware all for the current month.t of 2Work In Process Finished Goods Cost of Goods SoldTotalDirect materials4,17014,72041,920$ 60,810Direct labor10,52029,44083,840123,800Manufacturing overhead applied5,83012,19034,98053,000Total$20,56,3$160,740$ 237,610Manufacturing overhead for the month was overapplied by $3,000The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturingoverhead applied during the month in those accounts.The work in process inventory at the end of March after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:Select one:a. $20,261b. $20,850C. $20, 190d. $20,779
Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question