Here is some basic data for Bella Company: Cost of materials purchases on account $ 81 comma 000 Cost of materials requisitioned (includes $ 2 comma 900 of indirect) $ 55 comma 000 Direct labor costs incurred $ 95 comma 300 Manufacturing overhead costs incurred, including indirect materials $ 93 comma 500 Cost of goods completed $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate (as % of direct labor cost) 115 % The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.
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Home » Business » Here is some basic data for Bella Company: Cost of materials purchases on account $ 81 comma 000 Cost of materials requisitioned (includes $ 2 comma 900 of indirect) $ 55 comma 000 Direct labor costs incurred $ 95 comma 300 Manufacturing overhead