Solution-How much is the factory overhead control

How much is the factory overhead control

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Reference no: EM132634627

The Megatron Company uses a job order costing system. The following activities took place during the month of September:

a. Raw Materials purchased $40,000

b. Raw Materials (all direct) used in production, $35,000

c. Salaries and Wages cost incurred:

Direct Labor Cost, $60,000

Indicrect Labor Cost, $30,000

Sales Salaries, $25,000

d. Factory Utility Cost incurred, $15,000

e. Depreciation on Factory Equipment, $50,000

f. Advertising Expense incurred, $80,000

g. Manufacturing Overhead is applied at the predetermined rate of 150% of direct labor cost

h. Cost of Goods Manufactured for the month, $180,000

i. Cost of Gooods Sold for the Month, $150,000

Question 1: How Much is the Factory Overhead Control? and How Much is Finished Goods Ending Inventory?

Reference no: EM132634627

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How much is the factory overhead control

Reference no: EM132634627

Reference no: EM132634627

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