Based on the information given:
1. Determine the overhead rate for Davit Boat Building;
2. Prepare the journal entry to apply manufacturing overhead to manufacturing process for the month of November;
3. Determine the balance in the Work in Process account.
1. The overhead application rate for the current year is 1.5 times direct labor cost. (367,500/245,000)
2.

Question

Quizplus · Accepted Answer

The Answer of Based on the information given:
1. Determine the overhead rate for Davit Boat Building;
2. Prepare the journal entry to apply manufacturing overhead to manufacturing process for the month of November;
3. Determine the balance in the Work in Process account.
1. The overhead application rate for the current year is 1.5 times direct labor cost. (367,500/245,000)
2.

Based on the Information Given