Myrna's Manufacturing Calculated Its Predetermined Overhead Rate to Be 200

question 52

Multiple Choice

Myrna's Manufacturing calculated its predetermined overhead rate to be 200% of direct materials costs.For the month of July, the company incurred $120,000 of raw material costs, of which $90,000 were direct materials, and $30,000 were indirect materials.Actual overhead incurred was $175,000.What would be the debit entry to the Work in Process Inventory account for July with respect to manufacturing overhead?

• A)$175,000
• B)$180,000
• C)$240,000
• D)$zero, the account should be credited

---

Definitions:

Playing

An activity engaged in for enjoyment and recreation, especially by children.

Behaviorists

Psychologists who focus on observable behaviors and the ways in which learning occurs through the associations between stimuli and responses.

Introspection

The examination or observation of one's own emotional and mental processes.

Dismissed

The act of being sent away or rejected, often used in legal, professional, or educational contexts to indicate termination or exclusion.