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Barefoot Running Company's Work in Process Inventory on June 1

question 13

Multiple Choice

Barefoot Running Company's work in process inventory on June 1 has a balance of $22,900 representing Job No. 265. During June, $50,700 of direct materials were requisitioned for Job No. 265 and $35,500 of direct labor cost was incurred on Job No. 265. Manufacturing overhead is allocated at 130% of direct labor cost. Actual manufacturing overhead costs incurred in June amounted to $41,300. No new jobs were started during June. Job No. 265 is completed on June 28. Is manufacturing overhead overallocated or underallocated for the month of June? By how much?


Definitions:

Productive Language

The use of language to produce coherent, meaningful communication, usually measured by the ability to form sentences or convey ideas verbally or in writing.

Telegraphic Speech

A stage in language development where children use two-word phrases that communicate essential information, mimicking the brevity of a telegram.

Babbling

Early stage vocalizations by infants that involve repetition of syllables and are a key aspect of language development.

Syntax

The set of rules, principles, and processes that govern the structure of sentences in any given language, including the order of words.

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