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The Work in Process Inventory Account for Clinton Company for the Month

Question 116

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The Work in Process Inventory account for Clinton Company for the month ended September 30 appears below.
The Work in Process Inventory account for Clinton Company for the month ended September 30 appears below.   Overhead is applied based on direct labor dollars.Direct material costs for the one job remaining in work in process on September 30 was $12,300. a.What was the overhead rate used to apply overhead to jobs? b.Determine the amount of direct labor charged to the one remaining job.Round you answers to nearest dollars. Overhead is applied based on direct labor dollars.Direct material costs for the one job remaining in work in process on September 30 was $12,300.
a.What was the overhead rate used to apply overhead to jobs?
b.Determine the amount of direct labor charged to the one remaining job.Round you answers to nearest dollars.

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