13. A security guard's wages at a factory would be an example of: Indirect labor a. No Fixed manufacturing overhead b. Yes No c. Yes Yes d. No No Yes 14.During the month of July, direct labor cost totaled P12,000 and direct labor cost was 30% of prime cost. If total manufacturing costs during July were P86,000, the manufacturing overhead was: a. P46,000 b. P40,000 c. P28,000 d. P74, 000 The following information has been taken from the cost records of Richards Company for the past year: 15. Refer to Richards Company. The cost of raw material purchased during the year was a. 316 b. 336 c. 360 d. 411 16. Refer to Richards Company. Direct labor cost charged to production during the year was a. 135 b. 216 c. 225 d. 360 17. Refer to Richards Company. Cost of Goods Manufactured was a. 636 b. 16 c. 736 d. 766 18. Refer to Richards Company. Cost of Goods Sold was a. 691 b. 716 c. 736 d. 801 T1 Thibodeaux Tailors has gathered information on utility costs for the past year. The controller has decided that utilities are a function of the hours worked during the month. The following information is available and representative of the company's utility costs: 19. If 1,425 hours are worked in a month, total utility cost firounded to the nearest dollar) using the high-low method should be a. 947 b. 954 c. 959 d. 976 20. Welch Corporation uses a predetermined overhead application rate of $.30 per direct labor hour. During the year it incurred $345,000 dollars of actual overhead, but it planned to incur $360,000 of overhead. The company applied $363,000 of overhead during the year. How many direct labor hours did the company plan to incur? A. 1,150,000 B. 1,190,000 C. 1,200,000 D. 1,210,000 Machine Master, Inc. had the following data regarding monthly power costs: 21. Assume that management expects 500 machine hours in May. Using the high-low method, calculate May's power cost using machine hours as the basis for prediction. a. 700