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The following relate to Newburg company total actual manufacturing overhead cost incurred (including 15000 of indirect materials) 353000 purchases of...

The following relate to Newburg company
total actual manufacturing overhead cost incurred
(including 15000 of indirect materials) 353000
purchases of raw materials (direct/indirect) 250000
direct labor costs 135000

Inventories:
raw materials, beg 10000
raw materials, ending 15,000
work in process, beg 20,000
work in process, end 35,000

The company uses a predetermined overhead rate to apply manufacturing overhead costs to production. The predetermined overhead rate for the year was $15 per machine hour. A total of 23,000 machine hours were recorded for the year.

a. compute the amount of underapplied or overapplied manufacturing overhead cost for the year.
b. prepare a schedule of costs of good manufactured for the year.

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Accounting-8205805.doc

The following relate to Newburg company
total actual manufacturing overhead cost incurred
(including 15000 of indirect materials) 353000
purchases of raw materials (direct/indirect) 250000
direct...

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