28) Comet Company accumulated the following account infomation for the year: 28) Beginning raw materials inventory6,000 Indirect materials cost Indirect labor cost Maitenance of factory equipmen 2,000 5,000 2,800 Direct labor cost Using the above information, total factory overhead costs would be: D) S15,800 A) $ 16,800. B) $13,000. C) $9.800 E) $7,800. 29) Managerial accounting information 29) A) Can be used for control purposes but not for planning purposes. B) Is used mainly by external users. C) Is generally the only accounting information available to managers. D) Has little to do with controlling costs E) Involves gathering information about costs for planning and control decisions. 30) Clemmens Company applies overhead based on direct labor cost. Estimated overhead 30) and direct labor costs for the year were $112,500 and $125,000, respectively. During the year, actual overhead was $107,400 and actual direct labor cost was $120,000. The entry to close the over- or underapplied overhead at year-end, assuming an immaterial amount, would include A) A debit to Work in Process Inventory for $600 B) A credit to Cost of Goods Sold for S600 C) A credit to Factory Overhead for $600 D) A debit to Cost of Goods Sold for S600 E) A credit to Finished Goods Inventory for $600