Leelanau Corporation uses a job-order costing system.The following data are for last year: Leelanau applies overhead using a predetermined rate.What amount of overhead was applied to work in process last year?

A) $138,500
B) $121,500
C) $130,000
D) $203,500

Question

Leelanau Corporation uses a job-order costing system.The following data are for last year:

Leelanau applies overhead using a predetermined rate.What amount of overhead was applied to work in process last year?

A) $138,500
B) $121,500
C) $130,000
D) $203,500

Yareli Villa · Accepted Answer

Final Answer : A, Explanation :  Cost of Goods Manufactured   $323,000 = $184,500 + XX = $323,000 - $184,500 = $138,500

Leelanau Corporation uses a job-order costing system.The following data are for last year: Leelanau applies overhead using a predetermined rate.What amount of overhead was applied to work in process last year?

A) $138,500
B) $121,500
C) $130,000
D) $203,500

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Leelanau Corporation uses a job-order costing system.The following data are for last year: Leelanau applies overhead using a predetermined rate.What amount of overhead was applied to work in process last year?A) $138,500B) $121,500C) $130,000D) $203,500

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Learning Objectives

Learning Objectives

Related questions

Leelanau Corporation uses a job-order costing system.The following data are for last year: Leelanau applies overhead using a predetermined rate.What amount of overhead was applied to work in process last year?

A) $138,500
B) $121,500
C) $130,000
D) $203,500