QUESTION2 3 points Job 148 requires $12,000 of direct materials, $6,700 of direc

Question

QUESTION2 3 points Job 148 requires $12,000 of direct materials, $6,700 of direct labor, 550 direct labor hours, and 270 machine hours. It also re $40 per hour. Manufacturing overhead is computed at $28 per direct labor hour used and $42 per machine hour used The total amount of overhead allocated is b. S26 740 $45.440 515.400 QUESTION 3 najob-order costing system the ise of sndirect materiele that have been previusly puchasec s res a credit to a work in process inventory b. manufacturing overhead raw materials inventory finished goods inventory Type here to search

Explanation / Answer

2)correct option is "B" -26740

overhead allocated = [actual direct labor hour *overhead rate per direct labor hour]+[Actual machine hour * overhead rate per machine hour]

      =[550*28]+[270*42]

       = 15400+11340

        =26740

3)correct option is "C" -raw material inventory

entry:

manufacturing overhead debit

raw material inventory      credit

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