A Company uses a job order cost system and applies overhead on estimated rates. The overhead application rate is based on total estimated overhead costs of $200,000 and direct labor hours of 45,000.
A Company uses a job order cost system and applies overhead on estimated rates. The overhead application rate is
based on total estimated overhead costs of $200,000 and direct labor hours of 45,000. 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