Daget Corporation uses direct labor-hours In its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $364,200. At the end of the year, actual direct labor-hours for the year were 24,000 hours, manufacturing overhead for the year was overappliled by $8,120, and the actual manufacturing overhead was $359,320. The predetermined overhead rate for the year must have been closest to: Multiple Choice $15.44 per direct labor-hour $15.31 per direct labor-hour $15.18 per direct labor-hour $14.97 per direct labor-hour Ihe toilowing accounts are trom last years books at sharp Manufacturting Raw Materials Work In Process Finished Goods Bal 155,000 Bal 514,800 Bal 8 (g) 465,000 166,580 11,see 132,5e0 169,000 212,se0 514,800 49,000 Manufacturing Overhead 22,5001 (e) 26, 580 212,500 157,08e 6,500 Cest ef Goods Seld 465,000 Sharp uses job-order costing and applies manufactuning overhead to jobs based on direct labor costs. What is the manufacturing overhead overappied or underappied for the year? Mutiple Chokce $6.500 underappled $6,500 overappied $26,500 underoppled Shane Corporation has provided the following data concerning last month's operations Direct materials Direct labor Manufacturing overhead applied to Work in Process $23,000 $58,000 $92,000 Work in process inventory Finished goods inventory Beginning Ending $56,000$69,600 $33,000$36,ee0 How much is the unadjusted cost of goods sold on the Schedule of Cost of Goods Sold? Multiple Choice $161,000 $157,000 $160,000 $193,000