1) CWN Company uses a job order costing system and last period incurred $90,000 of actual overhead and $100,000 of direct labor. CWN estimates that its overhead next period will be $65,000. It also expects to incur $100,000 of direct labor. If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should

be: 65%. 90%. 138%. 111%. 154%.

2) ))))))) The B&T Company's production costs for May are: direct labor, $18,000; indirect labor, $5,800; direct materials, $14,200; property taxes on production equipment, $860; heat, lights and power, $920; and insurance on plant and equipment, $120. B&T Company's factory overhead incurred for May is: $5,800. $7,700. $39,900. $1,900. $20,000. he ending inventory of finished goods has a total cost of $9,500 and consists of 600 units. If the overhead applied to these goods is $3,600, and the overhead rate is 80% of direct labor, how much direct materials cost was incurred in producing these units? $9,500. $5,900. $4,500. $4,320. $1,400.

3)))))))) Minstrel Manufacturing uses a job order costing system. During one month Minstrel purchased $192,000 of raw materials on credit; issued materials to production of $211,000 of which $14,000 were indirect. Minstrel incurred a factory payroll of $155,000, paid in cash, of which $24,000 was indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. If Minstrel incurred total overhead costs of $192,000 during the month, compute the amount of under- or overapplied overhead: rev: 11_30_2015_QC_CS-34899