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Question
In 2012, the Doric Agricultural Products Company used a predetermined manufacturing overhead rate of 150% times direct labor cost. Information for the year is as follows:
Actual direct materials cost $812,500
Actual direct labor cost $180,000
Actual overhead costs incurred: $264,000
Total direct labor hours 5,520
What was the preliminary ending balance in the manufacturing overhead account, before the year-end adjustment to clear the balance to zero?
A) Credit of $6,000
B) Debit of $6,000
C) Credit of $5,900
D) Debit of $4,300
Answer
This answer is hidden. It contains 90 characters.
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