Cooper Manufacturing is currently working on two jobs. The job order cost sheets for Job 101 and Job 102 showed the following information:

	Job 101							Job 102
Direct Materials			$	12,000					$	15,000
Direct labor				24,000						45,000

If overhead is applied to jobs at $0.80 per direct labor dollar, the total manufacturing overhead cost for the two jobs would be:

Multiple Choice

$96,000.

$162,000.

$55,200.

$151,200.

Gibbons Company uses a process cost system and the weighted average method. The company had 400 units of product in its work in process inventory at the beginning of the period. During the period 1,500 additional units of product were started. At the end of the period there were 750 units of product in the work in process account. The ending work in process inventory was estimated to be 30% complete. The beginning work in process inventory had a cost of $2,000. Product costs totaling $42,000 were added to work in process during the period. The number of equivalent whole units in ending work in process is:

Multiple Choice

750.

1,275.

450.

225.