1.Crinks Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 14,000 hours and the total estimated manufacturing overhead was $319,200. At the end of the year, actual direct labor-hours for the year were 13,600 hours and the actual manufacturing overhead for the year was $305,810. Overhead at the end of the year was: (Round your intermediate calculations to 2 decimal places.)

	$9,270 overapplied
	$4,270 overapplied
	$9,270 underapplied
	$4,270 underapplied

2.At the beginning of the year, manufacturing overhead for the year was estimated to be $275,100. At the end of the year, actual direct labor-hours for the year were 21,500 hours, the actual manufacturing overhead for the year was $270,400, and manufacturing overhead for the year was overapplied by $11,250. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been: (Round your intermediate calculations to 2 decimal places.)

	20,600 direct labor-hours
	21,000 direct labor-hours
	21,500 direct labor-hours
	19,500 direct labor-hours

3.The following data have been recorded for recently completed Job 674 on its job cost sheet. Direct materials cost was $2,049. A total of 35 direct labor-hours and 195 machine-hours were worked on the job. The direct labor wage rate is $21 per labor-hour. The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $24 per machine-hour. The total cost for the job on its job cost sheet would be:

	$9,609
	$4,420
	$4,839
	$7,464

4.Job 731 was recently completed. The following data have been recorded on its job cost sheet:

Direct materials	$2,431
Direct labor-hours	70	labor-hours
Direct labor wage rate	$ 22	per labor-hour
Machine-hours	139	machine-hours

The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $23 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 731 would be:

	$7,168
	$8,008
	$4,492
	$3,971

5.Hults Corporation has provided data concerning the company's Manufacturing Overhead account for the month of November. Prior to the closing of the overapplied or underapplied balance to Cost of Goods Sold, the total of the debits to the Manufacturing Overhead account was $70,250 and the total of the credits to the account was $65,500. Which of the following statements is true?

	Manufacturing overhead transferred from Finished Goods to Cost of Goods Sold during the month was $70,250.
	Actual manufacturing overhead incurred during the month was $65,500.
	Manufacturing overhead for the month was underapplied by $4,750.
	Manufacturing overhead applied to Work in Process for the month was $70,250.

6.During October, Crusan Corporation incurred $63,900 of direct labor costs and $7,400 of indirect labor costs. The journal entry to record the accrual of these wages would include a:

	credit to Work in Process of $63,900
	debit to Work in Process of $63,900
	debit to Work in Process of $71,300
	credit to Work in Process of $71,300

7.Valles Corporation had $28,700 of raw materials on hand on February 1. During the month, the company purchased an additional $76,200 of raw materials. The journal entry to record the purchase of raw materials would include a:

	debit to Raw Materials of $104,900
	debit to Raw Materials of $76,200
	credit to Raw Materials of $104,900
	credit to Raw Materials of $76,200

8.During February, Degan Inc. transferred $60,900 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $66,270. The journal entries to record these transactions would include a:

	debit to Finished Goods of $66,270
	credit to Finished Goods of $60,900
	credit to Cost of Goods Sold of $66,270
	credit to Work in Process of $60,900

9.At the beginning of August, Hogancamp Corporation had $31,400 of raw materials on hand. During the month, the company purchased an additional $74,700 of raw materials. During August, $80,800 of raw materials were requisitioned from the storeroom for use in production. The credits to the Raw Materials account for the month of August total:

	$80,800
	$74,700
	$106,100
	$31,400

10.The Donaldson Company uses a job-order costing system. The following data were recorded for July:

	July 1
	Work in Process	Added During July
Job Number	Inventory	Direct Materials	Direct Labor
475	$2,020	$830	$377
476	$1,030	$820	$1,690
477	$1,580	$1,120	$1,850
478	$790	$1,540	$2,750

Overhead is applied to jobs at the rate of 60% of direct materials cost. Jobs 475, 477, and 478 were completed during July and transferred to finished goods. Jobs 475 and 478 have been delivered to the customer. Donaldson's Work in Process inventory balance on July 31 was:

	$4,032
	$8,152
	$3,472
	$4,192 11.Jurper Corporation used $207,000 of direct materials during April. At the end of April, Jurper's direct materials inventory was $25,700 more than it was at the beginning of the month. Direct materials purchases during the April amounted to:

	$181,300
	$232,700
	$0
	$236,500

12.Gest Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beginning of the month was $50,900 and at the end of the month was $44,300. The cost of goods manufactured for the month was $303,000. The actual manufacturing overhead cost incurred was $100,200 and the manufacturing overhead cost applied to Work in Process was $89,000. The adjusted cost of goods sold that would appear on the income statement for November is:

	$320,800
	$298,400
	$296,400
	$309,600

13.Snappy Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Manufacturing overhead cost and direct labor hours were estimated at $112,500 and 45,000 hours, respectively, for the year. In July, Job #334 was completed at a cost of $5,250 in direct materials and $3,500 in direct labor. The labor rate is $7 per hour. By the end of the year, Snappy had worked a total of 50,000 direct labor-hours and had incurred $120,220 actual manufacturing overhead cost.

If Job #334 contained 250 units, the unit product cost on the completed job cost sheet would be: (Round intermediate calculations to 2 decimal places.)

	$40.00
	$39.90
	$37.50
	$35.00

14.During September, Stutzman Corporation incurred $92,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $85,000.

The journal entry to record the incurrence of the actual Manufacturing Overhead costs would include a:

	debit to Work in Process of $85,000
	debit to Manufacturing Overhead of $92,000
	credit to Work in Process of $85,000
	credit to Manufacturing Overhead of $92,000

15.During September, Stutzman Corporation incurred $80,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $77,000.

The journal entry to record the application of Manufacturing Overhead to Work in Process would include a:

	credit to Work in Process of $80,000
	credit to Manufacturing Overhead of $77,000
	debit to Work in Process of $80,000
	debit to Manufacturing Overhead of $77,000