101 a. $24,500 b. $30,300 c. $29,200 d. $35,000 4,200 1,200 An example of a period cost is a. advertising expense b. indirect materials c. depreciation on factory equipment d. property taxes on plant facilities The Thomlin Company forecasts that total overhead for the current year will be $15,500,000 with 250,000 total machine hours. Year to date, the actual overhead is $16,000,000 and the actual machine hours are 330,000 hours. The predetermined overhead rate based on machine hours is a. $48 per machine hour ISS b. $62 per machine hour c. $45 per machine hour d. $50 per machine hour Selected accounts with a credit amount omitted are as follows Apr. 1 Balance 30 Direct materials 30 Direct labor 30 Factory overhead Work in Process 7,000 Apr. 30 Goods finished 78,400 195,000 136,500 Apr. 1 Balance 30 Goods finished Finished Goods 42,000 387,000 What was the balance of Work in Process as of April 30? a. $8,100 b. $35,000 c. $29,900 d. $22,900