2.

The controller of Hendershot Corporation estimates the amount of materials handling overhead cost that should be allocated to the company's two products using the data that are given below: Wall Mirrors 7,000 700 Total expected units produced Total expected material moves Expected direct labor-hours per unit Specialty Windows 1,000 900 4 The total materials handling cost for the year is expected to be $16,486.40. If the materials handling cost is allocated on the basis of material moves, the total materials handling cost allocated to the specialty windows is closest to: (Round your intermediate calculations to 4 decimal places.) Vignana Corporation manufactures and sells hand-painted clay figurines of popular sports heroes. Shown below are some of the costs incurred by Vignana for last year: $83,000 $90,000 Cost of clay used in production Wages paid to the workers who paint the figurines Wages paid to the sales manager's secretary Cost of junk mail advertising $42,000 $59,000 What is the total of the conversion costs above? Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of the most recently completed year, the Corporation estimated the labor-hours for the upcoming year at 46,000 labor- hours. The estimated variable manufacturing overhead was $6.62 per labor-hour and the estimated total fixed manufacturing overhead was $1,324,340. The actual labor-hours for the year turned out to be 43,200 labor-hours. The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $35.41 per labor-hour $28.79 per labor-hour O $6.62 per labor-hour