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Ch 15: In the Real World
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$15,000
$12,000
$9,000
DOK
$6,000
nces
$3,000
$0
November 30
December 31
November 30
December 31
November 30
December 31
Factory Overhead for
Sales, Materials, and Payroll for
December
December
Indirect materials
Indirect labor
Factory payroll
Raw materials
purchases
Total Overhead
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Ch 15: In the Real World
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In the Real World i
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December
December
Indirect materials
Indirect labor
Factory payroll
Raw materials
purchases
Total Overhead
$42,000
Sales
Other overhead costs
Predetermined Overhead Rate
Predetermined overhead rate based on direct labor cost 709%
#tableau
1. Compute gross profit. (Do not consider any underapplied or overapplied overhead.)
2. Compute overapplied or underapplied overhead.
3. If overhead is underapplied, an adjusting journal entry is required to do which of the following
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