20) The Ba T Company's production costs for May are: direct labor, $13,000; indirect labor, 20 $800; heat, 16,500: direct materiats, $15,000; property taxes on prodniction eqtipgment 200. B&T lights and power, $1,000; and insurance on plant and equipment, 5 Company's factory overhead incurred for May is: D) $2,000. E) $8,500. A) $21,500. B36,500. CS6,500. 21) Dallas Company uses a job order costing system. The company's executives estimated 21) that direct labor would be $2,000,000 (200,000 hours at $10/hour) and that factory overhead would be $1,500,000 for the current period. At the end of the period, the records show that there had been 180,000 hours of direct labor and $1,200,000 of actual overhead costs. Using direct labor hours as a base, what was the predeterminesd overhead rate? A) $8.33 per direct labor hour. B) S6.67 per direct labor hour. C) S6.00 per direct labor hour. D) S7.50 per direct labor hour. E) S7.08 per direct labor hour. 22) Marshall Enterprises charged the following amounts of overhead to jobs during the year: $20,000 to jobs still in process, $60,000 to jobs completed but not sold, and $120,000 to jobs finished and sold. At year-end, Marshall Enterprise's Factory Overhead account has a credit balance of $5,000, which is not a material amount. What entry should Marshall make at year-end? A) Debit Factory Overhead $5,000, credit Work in Process Inventory $5,000. B) No entry is needed. C) Debit Factory Overhead $5,000; credit Cost of Goods Sold $5,000. D) Debit Factory Overhead $5,000; credit Finished Goods Inventory $5,000. E) Debit Cost of Goods Sold $5,000; credit Factory Overhead $5,000