Concord Corporation has beginning and ending raw materials inventories of $54000 and $70000, respectively. If direct materials used were $410000, what was the cost of raw materials purchased? $410000. $427500. $394000. $426000. Bramble Corp. applies overhead on the basis of 200% of direct labor cost. Job No. 305 is charged with $450000 of direct materials costs and $300000 of manufacturing overhead. The total manufacturing costs for Job No. 305 is: $900000 $1050000 O $750000 $1200000 Bramble Corp. applies overhead on the basis of 200% of direct labor cost. Job No. 305 is charged with $450000 of direct materials costs and $300000 of manufacturing overhead. The total manufacturing costs for Job No. 305 is: $900000 $1050000 O $750000 $1200000 For Marigold Corp., the predetermined overhead rate is 70% of direct labor cost. During the month, $500000 of factory labor costs are incurred of which $140000 is indirect labor. Actual overhead incurred was $310000. The amount of overhead debited to Work in Process Inventory should be: $350000 $310000 $360000 $252000 At the beginning of the year, Concord Corporation 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 255000 hours is $2400000. $1680000. $1882353. O $3060000