ACC 561 Week 4 WileyPLUS Assignment( With Excel File) For more course tutorials visit www. tutorialrank. com
This Tutorial comes with Excel File to solve for any values
ACC 561 Week 4 WileyPLUS Assignment( With Excel File) For more course tutorials visit www. tutorialrank. com
This Tutorial comes with Excel File to solve for any values
Complete the following Week 4 Assignment in WileyPLUS:
Exercise 15-5 Exercise 16-3 Exercise 17-1
Exercise 15-5
Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $ 300,000 for the year, and machine usage is estimated at 125,000 hours.
For the year, $ 322,000 of overhead costs are incurred and 130,000 hours are used.
Compute the manufacturing overhead rate for the year
What is the amount of under- or overapplied overhead at December 31?
Prepare the adjusting entry to assign the under- or overapplied overhead for the year to cost of goods sold.
Exercise 16-3 The ledger of American Company has the following work in process