AccountingBelow are accounts taken from the books of Kia Company:Freight outP73,200Repairs & maintenance-factory equipment 126,200Indirect labor 24,900Factory supplies used 34,900Plant heat, light & power 213,600Doubtful accounts expense 90,000Depreciation – store equipment 120,000Depreciation – factory equipment 166,000 Compute for the factory overhead. 565,600 685,600 439,400 540,700

Note: Freight out, Doubtful accounts expense and Depreciation – store equipment are not the factory…

Answered: Below are accounts taken from the books…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Accounting

Below are accounts taken from the books of Kia Company:

Freight out	P	73,200
Repairs & maintenance-factory equipment		126,200
Indirect labor		24,900
Factory supplies used		34,900
Plant heat, light & power		213,600
Doubtful accounts expense		90,000
Depreciation – store equipment		120,000
Depreciation – factory equipment		166,000

Compute for the factory overhead.

		565,600
		685,600
		439,400
		540,700

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