Bennington Company applies manufacturing overhead by using a predetermined rate of 150% of direct labor cost.The data that follow pertain to job no.831: If Bennington adds a 30% markup on total cost to generate a proﬁt, which of the following choices depicts a portion of the accounting needed to record the credit sale of job no.831?
A)Choice A
B)Choice B
C)Choice C
D)Choice D
E)Choice E

Question

Bennington Company applies manufacturing overhead by using a predetermined rate of 150% of direct labor cost.The data that follow pertain to job no.831:  If Bennington adds a 30% markup on total cost to generate a proﬁt, which of the following choices depicts a portion of the accounting needed to record the credit sale of job no.831? 
A)Choice A 
B)Choice B 
C)Choice C 
D)Choice D 
E)Choice E

Quizplus · Accepted Answer

The Answer of Bennington Company applies manufacturing overhead by using a predetermined rate of 150% of direct labor cost.The data that follow pertain to job no.831:  If Bennington adds a 30% markup on total cost to generate a proﬁt, which of the following choices depicts a portion of the accounting needed to record the credit sale of job no.831? 
A)Choice A 
B)Choice B 
C)Choice C 
D)Choice D 
E)Choice E

Bennington Company Applies Manufacturing Overhead by Using a Predetermined Rate