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16) The following information is provided by Zinger Corporation for the year: Actual direct labor hours worked 75,000 Budgeted overhead $ 450,000 Budgeted direct labor

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16) The following information is provided by Zinger Corporation for the year: Actual direct labor hours worked 75,000 Budgeted overhead $ 450,000 Budgeted direct labor hours 50,000 Actual overhead costs incurred 5.550.000 If normal costing is used, the amount of applied overhead for the year is: a) $ 550,000 b) $ 300,000 c) $ 450,000 d) $ 675,000 Answer: (4 points) 17) The following information is provided by the Sutton Corporation for the year: Actual Overhead S. 450.000 Actual machine hours worked 25,000 Budgeted machine hours 27,500 Applied overhead S..487.500 If normal costing is used, budgeted overhead used to calculate the predetermined rate would be: a) S 443,250. b) $ 450,000 C) $ 487,500 d) $ 536,250. Answer: (5 points)

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