Leelanau Corporation uses a job-order costing system.The following data are for last year: Leelanau applies overhead using a predetermined rate.What amount of overhead was applied to work in process last year?
A)$138,500
B)$121,500
C)$130,000
D)$203,500

Question

Leelanau Corporation uses a job-order costing system.The following data are for last year:  Leelanau applies overhead using a predetermined rate.What amount of overhead was applied to work in process last year?
A)$138,500 
B)$121,500 
C)$130,000 
D)$203,500

Quizplus · Accepted Answer

Cost of Goods Manufactured 11ea7998_5ef0_caf5_911b_374a37d5bc56_TB2627_00_TB2627_00 $323,000 = $184,500 + X
X = $323,000 - $184,500 = $138,500

Leelanau Corporation Uses a Job-Order Costing System