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MU Acct 2037 Ch 16-Homework Solution

MU Acct 2037 Ch 16-Homework Solution - 16-21(1...

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16-21 (1) Predetermined overhead rate =   Expected factory overhead cost      per direct labor hour                      Expected direct labor hours                               =   $126,000   = $9 per DLH                                                          14,000 DLH (2) Predetermined overhead rate =   Expected factory overhead cost       per direct labor dollar             Expected direct labor dollars                                 = $126,000  = $0.60 per direct labor dollar                                                          $210,000  (3) 870 DLH x $9 per DLH        = $7,830 Assets = Liabilities + Stockholders’ Equity Goods-in-Process Inventory Factory Overhead +$7,830 -$7,830 (4) $11,800 x $0.60 per direct labor dollar = $7,080 16-1
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16-22 (1)
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