The Work in Process Inventory account for Clinton Company for the month ended September 30 appears below.
Overhead is applied based on direct labor dollars.Direct material costs for the one job remaining in work in process on September 30 was $12,300.
a.What was the overhead rate used to apply overhead to jobs?
b.Determine the amount of direct labor charged to the one remaining job.Round you answers to nearest dollars.
Definitions:
Step-by-step Mechanism
A detailed, sequential description of the stages involved in a chemical reaction, explaining how reactants transform into products.
Major Organic Product
The primary outcome of a chemical reaction, specifically indicating the most abundant product formed when organic compounds are involved.
Radical Chain Initiator
A substance that can produce free radicals under suitable conditions, initiating a chain reaction, especially in polymerization.
Peroxides
Organic compounds containing an oxygen-oxygen single bond, often used as initiators, bleaching agents, and antiseptics.
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