(3) 42,000 | (8) 219,000 |
(5) 101,000 | |
(6) 42,000 |
|
(7) 57,000 | |
242,000 | 219,000 |
Manufacturing Overhead
Using the T Account above. The manufacturing overhead was:
$19,000 Underapplied
$23,000 Overapplied
$23,000 Underapplied
$19,000 Overapplied
Actual manufacturing overhead is debited to manufacturing account and applied manufacturing overhead is credited to manufacturing overhead account.
Actual manufacturing overhead = $242,000
Applied manufacturing overhead = $219,000
Under applied manufacturing overhead = Actual manufacturing overhead- Applied manufacturing overhead
= 242,000-219,000
= $23,000
The manufacturing overhead was:$23,000 Underapplied
Third option is correct.
Please give a positive rating if you are satisfied with this solution and if you have any query kindly ask.
Thanks!!!
Get Answers For Free
Most questions answered within 1 hours.