Canvas X A Help Center 19.00 TVITTUTSCTS OVETTO Raw Materials Inventory $ 121,850 Incorrect Question 19 0/5.41 pts The following information is available for completed Job No. 402. Direct materials, $150,000; direct labor, $225,000, manufacturing overhead applied, $112,500; units produced, 6.000 units, units sold, 5,000 units. The cost of the finished goods on hand from this job is $97.500 $487,500 (Direct materials + Direct labor + Manufacturing overhead applied - Cost of job; Cost of job Units produced - Cost per unit: Cost per unit x Units on hand - Cost of finished goods on hand) $498,500 $81.250 0/5.41 pts Incorrect Question 20 Companies assign manufacturing overhead to work in process on an estimated basis through the use of aln) predetermined overhead rate assisted overhead rate ) 0 2 3 $ 4 @ 2 & 7 56 5 9 8 6 1 P 0 U 1 Y T E R 2 W J K L. I S D G B 1 M N Canvas Help Center (Estimated overhead Estimated direct labor cost = Predetermined overhead ratel Incorrect Question 23 0/5.4 pts Kinney Company applies overhead on the basis of 50% of direct labor cost. Job No. 176 is charged with $150,000 of direct materials costs and $200,000 of manufacturing overhead. The total manufacturing costs for Job No. 176 is $750.000 $450,000 $350.000 (Manufacturing overhead + Overhead rate - Direct labor cost: Direct materialsDirect labor. Manufacturing overhead applied - Total manufacturing cost of Job) $425.000 (Manufacturing overhead + Overhead rate - Direct labor cost; Direct materials + Direct labor + Manufacturing overhead applied Total manufacturing cost of job) 5.4 / 5.4 pts Question 24 93 ese 1 0 ! 1 $ 4 & 7 # 3 9 8 5 6 2 0 1 U Y T T R Q W E 1 H J L K G F S D ? M B N 7 X V 1 Carwas Help Center 2 Incorrect Question 32 0/5.4 pts Boswell Company manufactures two products, Regular and Supreme. Boswell's overhead costs consist of machining. $4,500,000 and assembling, $3,000,000. Information on the two products is: Regular Supreme Direct Labor Hours 15,000 22.500 Machine Hours 15,000 45,000 Number of Parts 135.000 240,000 Overhead applied to Regular using activity-based costing is $4.500.000 $5,295,000 $2.205.000 $3,000,000 5.4/5.4 pts Question 33 Kiner Co. computed an overhead rate for machining costs $600,000) of $12 per machine hour. Machining costs are driven by machine hours MacBook Pro CUC 0 $ 4 %% 5 6 7 8 1 2 3 o Y C T W E R L K G J F H A . D S