1) TEX CORP HAS THE FOLLOWING BUDGETED DATA:

MFG OVERHEAD $380,000

MACH HRS(DRIVER) 50,000

ACTUAL MACH HRS ARE AS FOLLOWS:

JOB 10 10,400

JOB 11 7,800

JOB 12 18,200

JOB 13 15,600

JOB 10,11&12 WERE FINISHED. JOB 10 WAS SOLD. WHAT IS OVERHEAD APPLIED IN COGS?

REFER TO QUESTION 1. ASSUME ACTUAL TOTAL OVERHEAD = $392,000. WHAT IS ACTUAL OVERHEAD IN FINISHED GOODS?

ACTUAL OVERHEAD FINISHED GOODS?