1During March 2019, Virginia Bay Corporation recorded $275,000 of costs related to factory overhead.Alpha's overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $278,000 would be incurred, and 6,800 direct labor hours would be worked.During March, 11,000 hours were actually worked. Use this information to determine the standard overhead rate.

2 During March 2019, Alaska Corporation recorded $251,000 of costs related to factory overhead.Alaska's overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $250,000 would be incurred, and 12,500 direct labor hours would be worked.During March, 12,300 hours were actually worked. Use this information to determine the amount of overhead over or under applied.Enter overapplied overhead as a negativenumber.

3March 1, 201, Dorchester Company's beginning work in process inventory had 5,000 units. This is its only production department. Beginning WIP units were 50% finished as to conversion costs. Dorchester introduces direct materials at the beginning of the production process.During March, all beginning WIP was completed and an additional 18,500 units were started and completed. Dorchester also started but did not complete 8,500 units.These units remained in ending WIP inventory and were 70% finished as to conversion costs. Dorchester uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs

4

Dorchester Company, on March 1, 2019 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Dorchester started into production 14,500 units. At the end of the month there were 13,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 70% complete with respect to conversion. For the month of March the following costs were incurred and recorded in the WIP:

Direct Material$11,000

Direct Labor17,000

Factory Overhead20,000

Dorchester uses the weighted-average process costing method. Use this information to determine the cost per equivalent unit of conversion for the month of March