Maritza Corporation, located in Buenos Aires, Argentina, manufactures cutlery. Managemen manufacturing overhead to be 44,000p and direct-labor costs to be 80,000p for year 1. The actual manyfacturing labor costs were 20,000p for job 1, 30,000p for job 2, and 40,000p for job 3 during year 1; the actual manufacturing overhead wa{49,000p.) anufacturing overhead is applied to jobs on the basis o direct-labor costs using a predetermined rate. (p denotes the peso, Argentina’s national currency. Several countries use the peso as their monetary unit. On the day this exercise was written, Argentina’s peso was worth 1.003 U.S. dollars.)

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a. How much manufacturing overhead (in Argentina’s peso) was assigned to each job during year 1?

b. What was the manufacturing overhead variance for year1? Goo Oye@ AYE OD Required Paige Printing uses a job-order costing system. The following debits (credits) appeared in the Work-in-

Process account for May:

Description Debits Credits AVIAN dalle marten deren cncunemnettrconcnamnrcde Balance $ 5,000 EMInGeMONl me cemecmrermacctcecsateraetvas Direct material 30,000 EMRE MOLY aebeaa acdc bo Meatoadtngeadeaeg es Direct labor 20,000 EIU KENANTC LALA Ree CAMB ce ahc dee acs Sear onneS Factory overhead 16,000 EmliedmnOniiie mee ute eet orecccn canoe totes To finished goods $60,000 Paige Printing applies overhead to production at a predetermined rate of 80 percent based on direct labor cost. Job 75, the only job still in process at the end of May, has been charged with direct labor of $2,500.

Required What was the cost of direct material charged to job 75?