1. Bretthauer Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of July. Prior to the closing of the overapplied or underapplied balance to Cost of Goods Sold, the total of the debits to the Manufacturing Overhead account was $58,000 and the total of the credits to the account was $70,000. Which of the following statements is true?

a) Manufacturing overhead applied to Work in Process for the month was $70,000

b) Actual manufacturing overhead incurred during the month was $70,000

c) Manufacturing overhead transferred from Finished Goods to Cost of Goods Sold during the month was $58,000.

d) Manufacturing overhead for the month was underapplied by $12,000

2. Baker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $72,160 and 2,200 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $74,260 and actual direct labor-hours were 2,050. The applied manufacturing overhead for the year was closest to:

a) $68,920

b) $64,264

c) $72,088

d) $67,240

3. Sawyer Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 43,000 actual direct labor-hours and incurred $369,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 41,000 direct labor-hours during the year and incur $328,000 of manufacturing overhead cost. The Corporation's manufacturing overhead cost for the year was:

a) underapplied by $16,000

b) underapplied by $25,000

c) overapplied by $16,000

d) overapplied by $25,000

4. Buker Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below:

The predetermined overhead rate for the recently completed year was closest to:

a) $14.82

b) $8.61

c) $9.60

d) $6.75

Estimated machine-hours	72,200
Estimated variable manufacturing overhead	$3.20	per machine-hour
Estimated total fixed manufacturing overhead	$838,720

5. Dagger Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $270,050. At the end of the year, actual direct labor-hours for the year were 17,500 hours, manufacturing overhead for the year was underapplied by $12,300, and the actual manufacturing overhead was $266,050. The predetermined overhead rate for the year must have been closest to:

a) $14.50

b) $15.16

c) $13.63

d) $15.44