Using the following accounts and an overhead rate of 140% of direct labor cost, compute the amount of applied overhead. Work in Process Inventory Beginning WIP 35,100 Direct materials 57,200 Direct labor ? Factory Overhead ? To Finished Goods 213,300 Ending WIP 25,100 Finished Goods Inventory Beginning FG 5,100 Cost of Goods Mfg'd 213,300

$85,225

Explanation:

The computation of the applied overhead is shown below:

Let us assume that the Direct labor be X

And, the factory overhead be 1.4X

As we know that

Cost of goods manufactured = Beginning work in process + direct material + direct labor + factory overhead - ending work in process

$213,300 = $35,100 + $57,200 + X + 1.4X - $25,100

$213,300 = $67,200 + 2.4X

$146,100 = 2.4X

X = $60,875

And, the factory overhead is

= $60,875 × 1.4

= $85,225

hence, the applied overhead is $85,225

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"