Davis Limited budgeted the overhead cost pools and cost drivers as follows:

Overhead Cost Pool	Budgeted Overhead Cost	Cost Driver
Machine setups	$ 260,000	Number of setups
Material handling	$ 60,000	Units of raw material
Quality control inspection	$ 96,000	Number of Inspections
Other overhead costs	$ 180,000	Machine hours
Total	$ 596,000
Overhead Cost Pool	Budgeted Level for Cost Driver	Cost Driver
Machine setups	200	Number of setups
Material handling	60,000	Units of raw material
Quality control	1,200	Number of Inspections
Other overhead	30,000	Machine hours

Order no. 4920 has the following production requirements:

Machine setups:	14	Units of raw material:	8,000
Inspections:	20	Machine hours:	800

Required: A. Compute the total overhead that should be assigned to order no. 4920 by using activity-based costing. B. Suppose that the company were to use a single, predetermined overhead rate based on machine hours. Compute the rate per hour and the total overhead assigned to order no. 4920.

Widgets, Inc. has provided the following data for 2020:

	Raw Materials	Work in Process	Finished Goods
Beginning Inventory	$218,000	$65,000	$218,000
Ending Inventory	$118,000	$84,000	$118,000
Raw materials purchased for the year		$330,000
Direct labor			$480,000
Manufacturing Overhead:
Estimated total manufacturing overhead for the year	$1,200,000
Estimated total direct labor hours		12,000
Actual total manufacturing overhead for the year	$1,100,000
Actual total direct labor hours		11,500

1. Calculate the raw materials used in production
2. Calculate the predetermined overhead rate and the amount of manufacturing overhead to be applied
3. Calculate the total manufacturing costs for the year, assuming that all raw materials used are direct materials
4. Calculate cost of goods manufactured for the year
5. Calculate the unadjusted cost of goods sold for the year

TrainA, traveling 40 mph,leavesWestford heading toward Eastford, 260 miles away. One hour afterTrainAleavesWestford,TrainB, traveling 70 mph,leavesEastford heading toward Westford.If you could only watch one TV show for the next year, what would it be?

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