During October, Crusan Corporation incurred $68,500 of direct labor costs and $4,800 of indirect labor costs. The journal entry to record the accrual of these wages would include a:

debit to Work in Process of $73,300

credit to Work in Process of $68,500

credit to Work in Process of $73,300

debit to Work in Process of $68,500

Valles Corporation had $22,100 of raw materials on hand on February 1. During the month, the company purchased an additional $82,100 of raw materials. The journal entry to record the purchase of raw materials would include a:

credit to Raw Materials of $104,200

credit to Raw Materials of $82,100

debit to Raw Materials of $82,100

debit to Raw Materials of $104,200

Crinks Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 15,000 hours and the total estimated manufacturing overhead was $346,500. At the end of the year, actual direct labor-hours for the year were 14,200 hours and the actual manufacturing overhead for the year was $323,630. Overhead at the end of the year was: (Round your intermediate calculations to 2 decimal places.)

$4,390 underapplied

$9,390 overapplied

$9,390 underapplied

$4,390 overapplied

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 $104,720 and 3,400 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $106,520 and actual direct labor-hours were 3,200.

The predetermined overhead rate for the year was: (Round your answer to 2 decimal places.)

	$32.82
	$30.80
	$29.56
	$31.50