If the Predetermined Overhead Allocation Rate Is 350% of Direct $\begin{array}{llr} \text {Goods in Process Inventory, Painting Dept } &70,000\\ \text { Factory Overhead} &&70,000\\\end{array}$

question 181

True/False

If the predetermined overhead allocation rate is 350% of direct labor cost and the Painting Department's direct labor cost for the reporting period is $20,000,the following entry would record the allocation of overhead to the products processed in this department:
$\begin{array}{llr} \text {Goods in Process Inventory, Painting Dept } &70,000\\ \text { Factory Overhead} &&70,000\\\end{array}$

---

Definitions:

Resistor Current

The current flowing through a resistor, determined by the voltage across the resistor and its resistance according to Ohm's law.

Phase Angle

The difference in phase between the inputs and outputs of a system, often measured in degrees or radians.

Parallel Circuit

An electrical circuit in which components are connected so that the same voltage is applied to each component, but the total current is divided among the components.

Inductive Reactance

The opposition that an inductor presents to alternating current, due to its inductance, proportional to the frequency of the current.