Dillon Corporation applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost. Any under or overapplied manufacturing overhead cost is closed out to Cost of Goods Sold at the end of the month. During May, the following transactions were recorded by the company:
The amount of direct materials cost in the May 31 Work in Process inventory account was:
A) $7,600
B) $2,000
C) $6,300
D) $4,300
Correct Answer:
Verified
Q114: The following partially completed T-accounts summarize transactions
Q115: On August 1, Shead Corporation had $35,000
Q116: On August 1, Shead Corporation had $35,000
Q117: Messana Corporation reported the following data for
Q118: The following partially completed T-accounts summarize transactions
Q120: On August 1, Shead Corporation had $35,000
Q121: Hacken Company has a job-order costing system.
Q122: Messana Corporation reported the following data for
Q123: Quark Spy Equipment manufactures espionage equipment. Quark
Q124: The Commonwealth Company uses a job-order costing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents