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Russell Company Has the Following Data Pertaining to 2011

Question 68

Multiple Choice

Russell Company has the following data pertaining to 2011: Russell Company has the following data pertaining to 2011:   Factory overhead rate is 125 percent of direct labor costs. What is the ending materials inventory balance for Russell in 2011? A)  $50,000 B)  $62,500 C)  $12,500 D)  $37,500 Factory overhead rate is 125 percent of direct labor costs.
What is the ending materials inventory balance for Russell in 2011?


A) $50,000
B) $62,500
C) $12,500
D) $37,500

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