Prepare the journal entry to apply factory overhead


The Cavy Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 40,000 hours. The machine hours for the month of April for all of the jobs were 4,780. Prepare the journal entry to apply factory overhead.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Prepare the journal entry to apply factory overhead
Reference No:- TGS0712013

Expected delivery within 24 Hours