39,40,41

39. Parsons Corporation uses a predetermined overhead rate based on direct labor-hours to apply overhead to jobs. Last year, Parsons Corporation incurred $250,000 in actual manufacturing overhead cost. The Manufacturing Overhead account showed that overhead was year. If the predetermined overhead rate was $8.00 per direct labor-hour, how many hours did the Corporation work during the year? A 31,250 hours B. 30,250 hours C. 32,750 hours D. 29,750 hours 40. During October, Dorinirl Corporation incurred $60,000 of direct labor costs and $5,000 of indirect labor costs. The journal entry to record the accrual of these wages would include a: A. credit to Work in Process of $60,000 B. credit to Work in Process of $65,000 C. debit to Work in Process of $65,000 D. debit to Work in Process of $60,000 41. Soledad Corporation had $36,000 of raw materials on hand on December 1. During the month, the Corporation purchased an additional $71,000 of raw materials. The journal entry to record the purchase of raw materials would include a: A. credit to Raw Materials of $71,000 B. debit to Raw Materials of $71,000 C. credit to Raw Materials of $107,000 D. debit to Raw Materials of $107,000