At the beginning of the year, Waterway Industries estimates annual overhead costs to be $2400000 and that 200000 machine hours will be operated. Using machine hours as a base, the amount of overhead applied during the year if actual machine hours for the year was 335000 hours is $1432836. $4020000. $1680000. $2400000. Sheffield Company's Assembly Department has materials cost at $4 per unit and conversion cost at $8 per unit. There are 30100 units in ending work in process, all of which are 80% complete as to conversion costs. Materials are added at the beginning of the process. How much are total costs to be assigned to inventory? $313040. $192640. $120400. $361200. For Oriole Company, the predetermined overhead rate is 70% of direct labor cost. During the month, $800000 of factory labor costs are incurred of which $70000 is indirect labor. Actual overhead incurred was $270000. The amount of overhead debited to Work in Process Inventory should be: $511000 $560000 $270000 $730000 Bonita Industries has beginning work in process inventory of $148000 and total manufacturing costs of $577000. If cost of goods manufactured is $580000, what is the cost of the ending work in process inventory? $145000. $130000. $151000. $160000