1. The Piglet Company allocates MOH based on Direct Labor cost. Piglet expected to have $250,000 of MOH and $100,000 of DM used and $200,000 of DL costs. During the year, Piglet actually had $230,000 of MOH, $95,000 of DM Used and $205,000 of DL costs. What was over- or under-applied MOH amount?

2. The Piglet Company allocates MOH based on Direct Labor cost. Piglet expected to have $250,000 of MOH and $100,000 of DM used and $200,000 of DL costs. During the year, Piglet actually had $230,000 of MOH, $95,000 of DM Used and $195,000 of DL costs. When Piglet closed the under- or over-applied MOH for the year, what was the effect?

a. Increase CGS

b. Decrease CGS

c. Increase Period Expenses

3. The Piglet Company allocates MOH based on Direct Labor Cost. Piglet expected to have $250,000 of MOH and $100,000 of DM used and $200,000 of DL costs. During the year, Piglet actually had $230,000 of MOH, $95,000 of DM Used and $205,000 of DL costs. If Piglet had Beginning WIP inventory of $30,000 and Ending WIP Inventory of $25,000, what was Cost of Goods Manufacturing?

4. Christopher Company uses a job order costing system that applies MOH at a rate of 75% of Direct Materials used. At the start of the year, Job 77 had $5,000 in beginning costs (it was in beginning work in process). During the year, materials requisitions show $10,000, and direct labor costs were $20,000; it was completed with these costs. What was the total cost of Job 77?

5. During the year, Robin Inc Completed Job 78 that cost $9,000. How would the completion of the job be recorded in the accounting system?

a. Debit to CGS 9000

b. Credit to CGS 9000

c. Debit to WIP 9000