10. The following information relates to Araceli Manufacturing Company:

What was Araceli's underapplied or overapplied overhead for last year?

$35,400 overapplied $35,400 underapplied $15,000 underapplied $21,000 overapplied

11. Wayne Company's beginning and ending inventories for the month of June were as follows:

Production data for the month follow:

Wayne applies manufacturing overhead cost to jobs based on direct labor-hours, and the predetermined rate is $5.75 per direct labor-hour. The company does not close underapplied or overapplied manufacturing overhead to Cost of Goods Sold until the end of the year. What is the amount of cost of goods manufactured?

$508,750 $502,000 $585,000 $487,750

12. Buzhardt Inc., which uses job-order costing, has provided the following data for February:

The cost of goods manufactured for February is closest to:

$185,000 $189,000 $175,000 $179,000

13. Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $239,700 and 4,700 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $242,000 and actual direct labor-hours were 4,600. The predetermined overhead rate for the year was closest to:

$52.61 $49.91 $51.00 $51.49

14. Hamilton Company uses job-order costing. Manufacturing overhead is applied using a predetermined rate of 150% of direct labor cost. Any underapplied or overapplied manufacturing overhead is closed to Cost of Goods Sold at the end of each month. Additional information is available as follows:

Total estimated manufacturing overhead cost at beginning of year $864,000 Predetermined overhead rate (based on machine-hours) $7.20 per hour Total manufacturing overhead cost incurred during the year $885,000 Total machine-hours incurred during the year 118,000 hours June 1 June 30 Work in Process $145,000 $171,000 Finished Goods $85,000 $78,000 Direct labor cost incurred $200,000 Direct labor-hours 25,000 Actual manufacturing overhead cost incurred $132,000 Direct materials $170,000 Inventories: Beginning Ending Work in process $11,000 $21,000 Finished goods $42,000 $48,000 Direct materials $63,000 Direct labor cost $81,000 Manufacturing overhead cost incurred $45,000 Manufacturing overhead cost applied $41,000 Direct materials $4,000 Direct labor $2,000 Applied manufacturing overhead $3,000 Total estimated manufacturing overhead cost at beginning of year $864,000 Predetermined overhead rate (based on machine-hours) $7.20 per hour Total manufacturing overhead cost incurred during the year $885,000 Total machine-hours incurred during the year 118,000 hours June 1 June 30 Work in Process $145,000 $171,000 Finished Goods $85,000 $78,000 Direct labor cost incurred $200,000 Direct labor-hours 25,000 Actual manufacturing overhead cost incurred $132,000 Direct materials $170,000 Inventories: Beginning Ending Work in process $11,000 $21,000 Finished goods $42,000 $48,000 Direct materials $63,000 Direct labor cost $81,000 Manufacturing overhead cost incurred $45,000 Manufacturing overhead cost applied $41,000 Direct materials $4,000 Direct labor $2,000 Applied manufacturing overhead $3,000