Midtown Inc

question 44

Multiple Choice

Midtown Inc.uses a predetermined overhead allocation rate of $63.20 per direct labor hour.In January,the company completed Job A23 which utilized 15 direct labor hours.Which of the following correctly describes the journal entry to allocate overhead to the job?

• A)debit Finished Goods Inventory $948 and credit Manufacturing Overhead $948
• B)debit Manufacturing Overhead $63.20 and credit Work-in-Process Inventory $63.20
• C)debit Work-in-Process Inventory $948 and credit Manufacturing Overhead $948
• D)debit Cost of Goods Sold $63.20 and credit Finished Goods Inventory $63.20

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Definitions:

Acetylcholinesterase Activity

The process by which the enzyme acetylcholinesterase breaks down acetylcholine, a neurotransmitter, in the synaptic cleft to terminate the transmission of a nerve impulse.

Neuromuscular Junction

The synapse or junction where a motor neuron transmits a signal to a muscle fiber, causing muscle contraction.

Depolarization

A decrease in the voltage difference across a cell's plasma membrane, resulting in a more positive internal environment.

Calcium Ions

Essential ions within the body that play pivotal roles in bone health, muscle contraction, nerve function, and blood clotting.