Gardner Machine Shop estimates manufacturing overhead costs for the coming year at $316,000. They will allocate based on direct labor hours. Gardner estimates 5,000 direct labor hours for the coming year. In January, Gardener completed job number A33, which included 15 direct labor hours. Please provide the journal entry to allocate overhead to the job.
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Question

Gardner Machine Shop estimates manufacturing overhead costs for the coming year at $316,000. They will allocate based on direct labor hours. Gardner estimates 5,000 direct labor hours for the coming year. In January, Gardener completed job number A33, which included 15 direct labor hours. Please provide the journal entry to allocate overhead to the job.
 $\begin{array}{|l|l|l|}
 \hline\quad \quad\quad \quad\quad \quad \quad \quad  \quad \quad \quad \quad  \quad &\quad \quad \quad  & \quad \quad \quad \
\hline \text {  } & \text {  } & \text {  }\
\hline 
\end{array}$

Quizplus · Accepted Answer

The Answer of Gardner Machine Shop estimates manufacturing overhead costs for the coming year at $316,000. They will allocate based on direct labor hours. Gardner estimates 5,000 direct labor hours for the coming year. In January, Gardener completed job number A33, which included 15 direct labor hours. Please provide the journal entry to allocate overhead to the job.
 $\begin{array}{|l|l|l|}
 \hline\quad \quad\quad \quad\quad \quad \quad \quad  \quad \quad \quad \quad  \quad &\quad \quad \quad  & \quad \quad \quad \
\hline \text {  } & \text {  } & \text {  }\
\hline 
\end{array}$

Gardner Machine Shop Estimates Manufacturing Overhead Costs for the Coming