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Accounting help please The balance in the Work in Process account equals 10 a: the balance in the Finished Goods inventory account b, the balance

Accounting help please image text in transcribed
The balance in the Work in Process account equals 10 a: the balance in the Finished Goods inventory account b, the balance in the Cost ofGoods Sold account c. the balances on the job cost sheets of uncompleted jobs d. the balance in the Manufacturing Overhead account When manufacturing overhead has been underapplied the manufacturing overhead account will 11 have a a. debit balance b. credit balance c. zero balance d. answers a or b 12 The Smith Company used machine-hours as the only overhead cost-allocation base. The accounting records contain the following information Estimated Manufacturing overhead costs $102,000 $120,000 20,000 25,000 Machine-hours Using job costing, the 20x3 budgeted manufacturing overhead rate is a. 34.00 per machine hour b. $4.80 per machine hour c. 35.00 per machine hour d, none of the above

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