Kilo Company Has a Job-Costing System A Determine the Predetermined Factory Overhead Rate for Kilo Company

question 165

Essay

Kilo Company has a job-costing system.The following items appeared in the work-in-process account during January of the current year:
Kilo applies overhead to production on the basis of direct labour hours.Job XX,the only job in process on January 30,has been charged $10,600 materials cost and has 100 labour hours of direct labour time assigned to it.
Required:
$\begin{array}{lr}\text { January } 1 \text { bal ance } & \$ 20,000 \\\text { Materials placed into production } & ? \\\text { Direct labour (4,000 hours) } & \$ 120,000\\\text { Factory overhead applied } & \$ 96,000 \\\text { Cost of goods manufactured } & \$ 400,000 \\\text { January 30 balance } & \$ 16,000\end{array}$ A. Determine the predetermined factory overhead rate for Kilo Company.
B. Determine the amounts of materials, direct 1 abour, and factory overhead included in the January 30 work in process.
C. Determine the amount of materials placed into production during January.

Identify effective strategies for ongoing support in cross-cultural work.

Analyze the broader implications of hate crimes on various ethnic communities.

Define and understand the concept of countertransference within cross-cultural service delivery.

Distinguish between mainstream and non-mainstream cultural perspectives on ethical standards.

---

Definitions:

Social Classes

Categories of people within society distinguished by relative levels of power, wealth, or status.

Homicide Rates

The frequency or number of homicides (intentional killings of one person by another) within a specified geographic area over a defined period of time.

Industrialized Countries

Industrialized countries are nations characterized by a significant level of industrial activity, technological advancement, and higher living standards.

Europe

A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere, defined by its cultural, historical, and social attributes.