Solved

Dixie Company, Which Applies Overhead at the Rate of 190

Question 26

Multiple Choice

Dixie Company, which applies overhead at the rate of 190% of direct material cost, began work on job no. 101 during June. The job was completed in July and sold during August, having accumulated direct material and labor charges of $27,000 and $15,000, respectively. On the basis of this information, the total overhead applied to job no. 101 amounted to:


A) $0.
B) $28,500.
C) $51,300.
D) $70,500.
E) $79,800.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q13: Which of the following statements about the

Q21: Margery, Inc., which uses a job-costing

Q22: Blarney Company applies manufacturing overhead by

Q23: Mahler, Inc., applies manufacturing overhead at the

Q27: Kei Products uses a predetermined overhead application

Q28: Product costing in a manufacturing firm is

Q29: The journal entry needed to record $5,000

Q30: Metro Corporation uses a predetermined overhead rate

Q79: Electricity costs that were incurred by a

Q95: The assignment of direct labor cost to