HA2011 Tutorial Questions On Management Accounting - Assignment 1

Get Expert's Help on Assessment Writing

Week 3 Question (10 marks)

The following information relates to Wells Fargo for July 2008:

  • Actual direct labour costs $80,000
  • Actual direct labour rate per hour $8
  • Factory overhead rate per direct labour hour $12
  • Factory overhead incurred $160,000

Assuming underapplied or overapplied overhead is transferred to cost of goods sold at the end of the period, calculate the cost of goods sold account.

Expert's Answer

Hire Expert Tutors

Get Professional Tutoring at Low Price in Australia


Tutoring Services


Orders Delivered


5 Star Rating


PhD Experts


Amazing Features

Plagiarism Free

Top Quality

Best Price

On-Time Delivery

100% Money Back

24 x 7 Support