Ask Experts Questions for FREE Help !
Ask
    seras's Avatar
    seras Posts: 1, Reputation: 1
    New Member
     
    #1

    Apr 3, 2015, 05:18 AM
    Bard manufacturing uses a job order cost accounting system. During one month bard pur
    Bard Manufacturing uses a job order costaccounting system. During one month Bard purchased $189,000 of raw materials oncredit; issued materials to production of $214,000 of which $11,000 wereindirect. Bard incurred a factory payroll of $158,000, paid in cash, of which$21,000 is classified as indirect labor. Bard uses a predetermined overheadapplication rate of 150% of direct labor cost. If Bard incurred total overheadcosts of $194,800 during the month, compute the amount of under- or overappliedoverhead:
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
     
    #2

    Apr 3, 2015, 05:47 AM
    And the answer is? What do you think? Happy to look over your calculations. Don't let the detail confuse you

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Garcia Manufacturing uses a job order cost system and applies overhead to production [ 1 Answers ]

Garcia Manufacturing uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2010, Job No. 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $20,000, direct labor $12,000, and...

Job-order cost system [ 1 Answers ]

The following information applies to Job 730 completed by Ritter Manufacturing Company during October 2005. The amount of labor cost for the job was $67,350. Applied overhead amounted to $96,000. The project was completed and delivered to Lancer Company at a contract price of $285,000. Ritter...

Job order cost & process cost system [ 0 Answers ]

Discuss the similarities and differences between job order cost and process cost systems


View more questions Search