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26) Archangel Manufacturing uses a predetermined direct labor costs. The following are the details of overhead allocation rate based on a of26) Total manufacturing overhead estimated at the begining o the $140,000 direct labor e the year 12400 direct labor hours Calculate the amount of manufacturing overhead costs allocated to production. A) $164,452 B) $140,000 C) $144,800 At the end of the year, Metro Inc has an unadjusted credit balance in the Mamu account of $950 Which of the following is the year-end adjusting entry needed to dlear the to zero? A) debit Cost of Goods Sold $950 and credit Manufacturing Overhead $950 B) debit Cost of Goods Sold $950 and credit Finished Goods Inventory $960 C) debit Manufacturing Overhead $950 and credit Finished Goods Inventory $930 D) debit Manufacturing Overhead $950 and credit Cost of Goods Sold $950 28) Neptune Accounting Services expects its accountants to work a total of 24,000 direct labor hours 28) per year. The hours as the allocation base for indirect costs. What is the indirect cost allocation company's estimated total indirect costs are $240,000. The company uses direct labor D) $10 per hour A) $20 per hour B) $100 per hour $120 per hour 29) Gardner Machine Shop estimates manufacturing overhead costs for the coming year at $316,000. 29) manufacturing overhead costs will be allocated based on direct labor hours Gardner estimates 5,000 direct labor hours for the coming year. In January, Gardner completed Job A33, which used 60 machine hours and 15 direct labor hours. What was the amount of manufacturing overhead allocated to job A33? (Round your intermediate calculations to one decimal place.) The D) $4,740 A) $990 B) $948 C) 53,792 business. Bilkins has four professionals on staff, and an office with six clerical staff. Total compensation, including benefits, for the professional staff runs about $576,000 per year, and normal billable hours are 8,000 hours per year. Professional staff keeps detailed timesheets organized by the client number. The total office and administrative costs for the year is $754,000. What is the cost allocation rate that Bilkins will use for direct labor ie. the cost of the professional staff? 30) Bilkins Financial Advisors provides accounting and finance assistance to customers in the retail C)$75 per hour $75 per hourD) $72 per hour A) $36 per hour B) $76 per hour 06518 009292 4017510