Overhead incurred on account was 75676 Manufacturing Overhea
Overhead incurred on account was $75,676. Manufacturing Overhead was applied at the rate of 150 % of Direct Labor costs. Direct Labor costs were $72,690. The debit to Manufacturing Overhead from these transactions was:
Solution
HEre manufacturing overhead = 150% of direct labor cost
= 1.5 x 72690 = $109035
So clearly the debit to manufacturing overhead will be = $109035 - $ 75676
=$33359
that is our last answer.
