For Wilton Company the Predetermined Overhead Rate Is 70% of Direct

Multiple Choice

For Wilton Company the predetermined overhead rate is 70% of direct labor cost.During the month $720000 of Factory Labor was incurred of which $200000 is indirect labor.Actual overhead incurred was $360000.The amount of overhead added to Work in Process Inventory should be:

A) $364000
B) $360000
C) $504000
D) $520000