10)

11)

As of December 31, 2022, Vaughn Industries had $ 980 of raw materials inventory. At the beginning of 2022, there was $ 750 of materials on hand. During the year, the company purchased $ 121300 of materials, however paid for only $ 117400. How much inventory was requisitioned for use on jobs during 2022? O $ 117170 O $ 121070 O $ 121530 O $ 117630 Crane's Manufacturing calculated its predetermined overhead rate to be 180% of direct materials costs. For the month of July, the company incurred $118000 of raw material costs, of which $89000 were direct materials, and $29000 were indirect materials. Actual overhead incurred was $174000. What would be the debit entry to the Work in Process Inventory account for July with respect to manufacturing overhead? $0, the account should be credited O $174000 O $160200 $212400