11) MM corporation uses a job cost system and has two production department A and B. Budgeted manufacturing cost for the year are:

	Department A	Department B
Direct materials	700,000	100,000
Direct manufacturing labor	200,000	800,000
Manufacturing overhead	500,000	400,000

The actual material and labor costs changed to job #432 were as follows:

Total

Direct Materials 25,000

Direct labor:

Department A 8,000

Department B 12,000

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20,000

MM applies manufacturing overhead costs to jobs on the basis of direct manufacturing labor cost using department rate determined at the beginning of the year for Department A, the manufacturing overhead allocation rate is

1. 250.0% of direct material cost
2. Correct answer is not provided
3. $2.5 for each S direct labor cost
4. 40.0% of direct labor cost

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7) You are given the following details:

Equivalents Units

Transferred-Direct conversion

In costs Materials Costs

Completed and transferred out during current period:

From Beginning work in process. 0 60 30

Started and completed 60 60 60

Work in process, ending 40 (0) 30

Account for 100 (120) 120

Equivalent units of work don in current period

Cost details:

	Transferred-in	Direct material	Conversion costs
Work process beginning	45,000	0	24,000
Costs added during the period	114,000	(27,000)	62,400

If you know the company uses FIFO in process costing. The material cost of work in process ending by the end of the period is

1. 0
2. Correct answer is not provided
3. 27,000
4. 225

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6)the following data are obtained from the accounting records of MM company for June 2020:

Direct material	170,000
Direct labor (4,600 hours @ 10/hour)	46,000
Applied manufacturing overhead cost	80,000 hours
Actual overhead cost	75,000

For June 2020, manufacturing overhead is

1. overallocated by 4,500
2. underallocated by 4,500
3. Correct answer is not provided
4. overallocated by 46,000