Daguio Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $370,570. At the end of the year, actual direct labor-hours for the year were 20,800 hours, manufacturing overhead for the year was underapplied by $19,900, and the actual manufacturing overhead was $362,320. The predetermined overhead rate for the year must have been closest to:

	$17.42
	$16.86
	$17.82
	$16.46

The Work in Process inventory account of a manufacturing firm shows a balance of $9,000 at the end of an accounting period. The job cost sheets of two uncompleted jobs show charges of $1,000 and $800 for materials, and charges of $600 and $1,200 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of:

	33.33%
	300.00%
	500.00%
	60.00%

Simoneaux Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning of the most recently completed year, the company estimated the machine-hours for the upcoming year at 23,500 machine-hours. The estimated variable manufacturing overhead was $6.90 per machine-hour and the estimated total fixed manufacturing overhead was $578,100. The predetermined overhead rate for the recently completed year was closest to:

$6.90 per machine-hour

$31.50 per machine-hour

$24.60 per machine-hour

$30.22 per machine-hour

Desrevisseau Inc., a manufacturing company, has provided the following data for the month of August. The balance in the Work in Process inventory account was $14,000 at the beginning of the month and $31,600 at the end of the month. During the month, the company incurred direct materials cost of $88,600 and direct labor cost of $55,000. The actual manufacturing overhead cost incurred was $56,000. The manufacturing overhead cost applied to jobs was $59,000. The cost of goods manufactured for August was:

	$185,000
	$199,600
	$202,600
	$182,000

Gest Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beginning of the month was $84,000 and at the end of the month was $76,500. The cost of goods manufactured for the month was $384,200. The actual manufacturing overhead cost incurred was $125,800 and the manufacturing overhead cost applied to jobs was $119,000. The adjusted cost of goods sold that would appear on the income statement for November is:

$384,200

$391,000

$377,400

$398,500

Bakker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $103,250 and 3,500 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $101,550 and actual direct labor-hours were 3,400.

The applied manufacturing overhead for the year was closest to:

	$100,300
	$97,350
	$98,649
	$101,558

Lambson Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of the month. In January the company completed job Z65N that consisted of 33,000 units of one of the company's standard products. No other jobs were in process during the month. The total manufacturing cost on job Z65N's job cost sheet was $2,039,400. The manufacturing overhead for the month was underapplied by $16,300. During the month, 23,000 completed units from job Z65N were sold. No other products were sold during the month.

The unit product cost for job Z65N is closest to:

	$88.67
	$61.80
	$62.29
	$61.31