If Direct Labor for the Month Is $80,000,and Overhead Is

question 87

Multiple Choice

If direct labor for the month is $80,000,and overhead is applied based on 75% of direct labor dollars,what is the entry to apply overhead?

• A)Debit Work-in-Process Inventory $80,000; credit Payroll $80,000
• B)Debit Overhead-Applied $60,000; credit Work-in-Process Inventory $60,000
• C)Debit Work-in-Process Inventory $60,000; credit Overhead-Applied $60,000
• D)Debit Work-in-Process Inventory $80,000; credit Overhead-Applied $80,000

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Definitions:

Generalized Anxiety Disorder

A psychological disorder characterized by persistent and excessive worry about various aspects of life, often without a specific cause for the worry.

Exaggerated Worries

An excessive or disproportionate concern about events or outcomes, often seen in anxiety disorders.

Anxiety

A mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.

Fear

An unpleasant emotion caused by the belief that someone or something is dangerous, likely to cause pain, or a threat.