A Company uses a job order cost system and applies overhead based on estimated rates. The overhead application rate is based on total estimated overhead costs of $250,000 and direct labor hours of 25,000.
A Company uses a job order cost system and applies overhead based on estimated rates. The overhead application
rate is based on total estimated overhead costs of $250,000 and direct labor hours of 25,000. During the month of February 2017, Job A-1 incurred direct labor of 800 hours . Prepare the end of the month application General Journal entry of factory overhead for Job A-1 for the month