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Overapplied manufacturing overhead among work in process

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Reference no: EM131766144

Dilo Pte Ltd. has provided the following data for the month of June. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. 

Work in Process  Finished Goods  Cost of Goods Sold  Total 
Direct Materials  $ 9,103  $ 5,981  $ 6,783  $ 21,867 
Direct Labor  10,221  15,454  7,100  32,775 
Manufacturing Overhead Applied  38,276  40,725  19,506  98,507 
Total  57,600  62,160  33,389  153,149 

The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.

Manufacturing overhead for the month was underapplied by $5,073.

The cost of goods sold for the month after allocation of any underapplied or overapplied manufacturing overhead for the month is:

Reference no: EM131766144

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