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 $400,000 and direct labor hours would be 40,000. Actual manufacturing overhead costs incurred were $286,000, and actual direct labor hours were 26,000. The entry to apply the factory overhead costs for the year would include a

a.credit to Factory Overhead for $400,000

b.debit to Factory Overhead for $260,000

c.debit to Factory Overhead for $286,000

d.credit to Factory Overhead for $260,000

Selected accounts with amounts omitted are as follows:

Work in Process
Aug. 1	Balance	254,980	Aug. 31	Goods finished	144,310
31	Direct materials	X
31	Direct labor	36,900
31	Factory overhead	X

Factory Overhead
Aug. 1 31	Costs incurred	106,240	Aug. 1	Balance	15,060
			31	Applied
				(30% of direct labor cost)	X

If the balance of Work in Process on August 31 is $197,020, what was the amount debited to Work in Process for direct materials in August?

a.$488,900

b.$94,860

c.$344,590

d.$38,380

Use the information below for Mandy Corporation to answer the question that follow.

Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginning inventory is 101,000 units, and desired ending inventory is 87,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below. Material A: 0.50 lb. per unit @ $0.51 per pound Material B: 1.00 lb. per unit @ $2.32 per pound Material C: 1.20 lb. per unit @ $1.18 per pound The dollar amount of Material B used in production during the year is

a.$1,161,856

b.$1,452,320

c.$2,178,480

d.$1,742,784