Answer:
The amount Terpak will debit their Manufacturing Overhead account on November 30 is $59,340.
Explanation:
Manufacturing overhead can be described as all indirect costs that are incurred by a firm during the production process.
Manufacturing overhead is also known as factory overhead and it can be calculated by considering all the costs related to the factory.
For this question, the amount Terpak will debit their Manufacturing Overhead account on November 30 can therefore be calculated as follows:
Particulars Amount ($)
Factory tax 12,500
Factory accidental injury insurance 7,240
Factory building insurance 4,000
Factory utilities 1,200
Depreciation of factory equipment 15,400
Depreciation of factory building 19,000
Total manufacturing overhead 59,340
Therefore, the amount Terpak will debit their Manufacturing Overhead account on November 30 is $59,340.