8-19 Culpepper Corporation had the following inventories at the beginning and end of the
month of January:
The following additional manufacturing data was available for the month of January.
Direct materials purchased
Actual factory overhead
Culpepper Corporation applies factory overhead at a rate of 40% of direct labor cost, and any
overapplied or underapplied factory overhead is deferred until the end of the year.
Culpepper’s balance in its factory overhead control account at the end of January was:
"2" is correct.