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d. 27.71 If a company has underapplied overhead, then the journal entry to dispose of it could possibly include: Multiple Choice a debit to Cost

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d. 27.71
If a company has underapplied overhead, then the journal entry to dispose of it could possibly include: Multiple Choice a debit to Cost of Goods Sold. a debit to Manufacturing Overhead. a credit to Cost of Goods Sold. a credit to Sales ove CNC Barkes, Incorporated, manufactures and sells two products Product BO and Product B5. Data concerning the expected production of each product and the expected total direct labor-hours (DLHS) required to produce that output appear below: Direct Total Labor- Direct Expected Hours Per Labor- Production Unit Hours Product BO 400 7.0 2,800 Product B5 500 4.0 2,000 Total direct labor-hours 4,800 The direct labor rate is $22.10 per DLH. The direct materials cost per unit is $288.90 for Product BO and $118.90 for Product B5, The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Overhead Activity Cost Pools Measures Cost Product Be Product B5 Total Labor-related DLHS $ 136,944 2,800 2,000 4,800 Production orders orders 64,629 500 400 900 Order size MHS 588,294 3,300 3,000 6,300 $ 789,867 The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to: Production orders Order size orders MHS 9,944 64,629 588,294 $ 789,867 2,800 500 3,300 2,000 400 3,000 4,800 900 6,300 The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to: Multiple Choice $129.26 per DLH $161.57 per DLH $877.63 per DLH $28.53 per DLH Help Save & Exit su Garza Corporation has two production departments, Casting and Customizing the company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates Casting Customizing Machine-hours 20,000 Direct labor-hours 13,000 1,000 7,000 Total fixed manufacturing overhead cost $ 152,000 Variable manufacturing overhead per machine-hour $ 68,600 $ 2.10 Variable manufacturing overhead per direct labor-hour $ 4.30 The predetermined overhead rate for the Casting Department is closest to: Multiple Choice $9.70 per machine hour $7.60 per machine-hour $2.10 per machine-hour e

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