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10. The following information relates to ZMP Company for 2019: Estimated manufacturing overhead cost for the year Predetermined overhead rate (based on direct labor hours)

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10. The following information relates to ZMP Company for 2019: Estimated manufacturing overhead cost for the year Predetermined overhead rate (based on direct labor hours) Actual manufacturing overhead cost for the year Manufacturing overhead overapplied for the year The actual direct labor hours worked during 2019 was: a. 8,000 b. 8,080. c. 8,060 d. 8,100. $500,000 $62.50 per hour $505,000 $1,250 11. Which of the following accounts might appear on the balance sheet of a manufacturer? a. b. c. d. Direct Labor Yes Yes No No Finished Goods Yes No Yes No

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