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17. Overapplied manufacturing overhead means that: A, applied manufacturing overhead was less than actual o B. applied manufacturing overhead was greater than actual overne .esumated
17. Overapplied manufacturing overhead means that: A, applied manufacturing overhead was less than actual o B. applied manufacturing overhead was greater than actual overne .esumated manufacturing overhead cost was less than actual overhead. D. estimated manufacturing overhead cost was cu manufacturing overhead cost was less than applied overhead. irs durar, Sax5.000 10. Sawyer Manufacturing Corporation uses a plantwide overhead rate based on vor-nours to apply manufacturing overhead to jobs. At the beginning of the year, awyer estimated that it would work 55,000 direct labor-hours during the year and incur 330,000 of manufacturing overhead cost. At the end of the year, Sawyer determined it had worked 57.000 actual direct labor-hours and incurred $340,000 actual manufacturing overhead cost. Sawyer's manufacturing overhead cost for the year was: 330 ooo A. overapplied by $15,000 B. underapplied by $15,000 C. overapplied by $3,000 D. underapplied by $3,000 2 3 4 5 ooo 19. A budget: A. is the quantitative expression of a proposed plan of action by management for a specified period. B generally includes both financial and nonfinancial aspects. C. is an aid to coordinating what needs to be done to implement the proposed plan of action by management. D serves as a road map for the company to follow in an upcoming period. E all of the above. o 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials.. $3,190 Direct labor-hours .............. 71 labor-hours Direct labor wage rate........ $15 per labor-hour Machine-hours. 175 machine-hours The plantwide overhead rate is $14 beration applies manufacturing overhead on the basis of machine-hours. de overhead rate is $14 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 593 would be: (A. $6,705 B. $3,219 C. $5,249 D. $4,255 144 175 3190 2450
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