7:30 PM 49% ... AT&T LTE Done BUSN Managerial Accounting Tes... machine hours Part III Problems SHOW ALL WORK 8 points each 40 points 12 Reynolds Manufacturers Inc. has estimated total factory overhead costs of $95,000 and expected direct labor hours of 9,500 for the current fiscal year. If job number 117 incurs 2,300 direct labor hours, What will Work in Process will be debited for and Factory Overhead will be credited for 3 When Job 117 was completed, direct materials totaled $4,400; direct labor, 55,600; and factory overhead, $2,400. A total of 1,000 units were produced at a per-unit cost of how much 4. A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $360,000 and direct labor hours would be 30,000. Actual factory overhead costs incurred were $377,200, and actual direct labor hours were 36,000. What is the amount of over applied or under applied manufacturing overhead at the end of the year? Match the costs that follow to the type of product cost (a-c) or