11) Brand Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,860 hours and the total estimated manufacturing overhead was $511,524. At the end of the year, actual direct labor-hours for the year were 21,650 hours and the actual manufacturing overhead for the year was $511,524. Overhead at the end of the year was:

Multiple Choice

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$4,964 overapplied

$4,964 underapplied

$4,914 underapplied

$4,914 overapplied

12) Weatherhead Inc. has provided the following data for the month of March. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month.

	Work In Process			Finished Goods			Cost of Goods Sold			Total
Direct materials	$	4,240		$	14,740		$	41,700		$	60,680
Direct labor		10,080			29,480			83,880			123,440
Manufacturing overhead applied		5,860			11,200			35,060			52,120
Total	$	20,180		$	55,420		$	160,640		$	236,240

Manufacturing overhead for the month was overapplied by $4,100.

The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts.

The work in process inventory at the end of March after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to: Round intermediate percentage computations to the nearest whole percent.)

n 16e Rechecks 2017-08-28

Multiple Choice

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$19,800

$20,318

$20,389

$19,729

13) Brand Inc. has provided the following data for the month of May:

Inventories:

	Beginning		Ending
Work in process	$	36,000	$	31,000
Finished goods	$	65,000	$	69,000

Additional information:

Direct materials	$	76,000
Direct labor cost	$	106,000
Manufacturing overhead cost incurred	$	82,000
Manufacturing overhead cost applied to Work in Process	$	80,000

Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

The cost of goods manufactured for May is:

Multiple Choice

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$262,000

$267,000

$264,000

$269,000

14. Brand Inc. started the month with 24,100 units in its beginning work in process inventory. An additional 309,100 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 29,100 units in the ending work in process inventory of the Assembly Department. How many units were transferred to the next processing department during the month?

Multiple Choice

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333,200

362,300

304,100

314,100