pter 2 HW Fairfield C s Raw c l eztomheducationcomhmtpx over

pter 2 HW Fairfield C s Raw c l? eztomheducation.com/hm.tpx overhead to products at a predetermined rate of $59 per drect labor hour. its actual manufacturing costs tor the most recent penod are summanzed here al Cost Direct materials Indirect materials Hourly labor wages Used on Jobs 101 and 102 Used on multiple jobs 750 hours 539 per hour 200 hours for Job 101 300 hours for Job 102 250 hours for Job 103 34 500 $7.800 11,700 9750 29350 4 900 Factory supervision Production engineer Factory janitorial work Seling. general and administrative salaries Other manufacturing overhead costs (factory 8,900 9.900 Other selling. general, and administrative costs (office rent, insurance, depreciation elc) 6.900 toial work 3,400 rent, Insurance depreciation, etc) 8400 1. Post the preceding information to Fairfield Company\'s Manufacting Overhead T-account Overhead Balance 2. Compute over- or underapplied manufacturing overhead O Type here to search

Solution

Manufacturing overhead Description   Amount Description   Amount To Bank By WIP -Indirect Material        34,500 - Job 101- 200*59 11,800 -Factory supervision           4,900 - Job 102- 300*59 17,700 -Production engineer           8,900 - Job 103- 250*59 14,750 -Factory janitoral           3,400 -Others           8,400 By PL (Underapplied) 15,850        60,100 60,100