11. Tatar Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year: Beginning inventories: Raw materials Work in process $ 37,000 $ 15,000 Results of operations: Raw materials purchased on account Raw materials (all direct) requisitioned for use in production $ 480,000 $ 434,000 How much is the ending balance in the Raw Materials inventory account? A) $37,000 B) $120,000 C) $83,000 D) S517,000 12. In a job-order costing system that is based on machine-hours, which of the following formulas is correct? A) Predetermined overhead rate - Actual manufacturing overhead + Actual machine- hours Estimated machine B) Predetermined overhead rate - Actual manufacturing overhead hours C) Predetermined overhead rate Estimated manufacturing overhead Estimated machine-hours D) Predetermined overhead rate - Estimated manufacturing overhead + Actual machine hours 13. Piekos Corporation incurred $90,000 of actual Manufacturing Overhead costs during June. During the same period, the Manufacturing Overhead applied to Work in Process was $92,000. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a: A) debit to Manufacturing Overhead of $92,000 B) debit to Work in Process of $90,000 C) credit to Manufacturing Overhead of $92,000 D) credit to Work in Process of $90,000