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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Culpepper Corporation had the following inventories at the beginning and end of the month of January

The following additional manufacturing data was available for the month of January.

Culpepper Corporation applies factory overhead at a rate of 40% of direct labor cost, and any overapplied or underapplied factory overhead is deferred until the end of the year. Culpepper’s balance in its factory overhead control account at the end of January was:
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