The work in process inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $12,960 debit balance after all posting is completed. the cost sheet of the one job still in process shows direct material cost of $4,000 and direct labor cost of $2,800. therefore, the company's overhead application rate is:

Overhead rate= $4.63

Explanation:

Giving the following information:

The Work in Process Inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $12,960 debit balance after all posting is completed.

The cost sheet of the one job still in process shows the direct material cost of $4,000 and a direct labor cost of $2,800.

Overhead rate= estimated total manufacturing overhead cost/ total amount of allocation base

Overhead rate= 12960/2800= $4.63

For every $ on direct labor, its allocated $4.63 of overhead.

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.

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