Each of the following is a factor affecting quality of earnings except

	A.	alternative accounting methods.
	B.	improper recognition.
	C.	extraordinary items.
	D.	pro forma income.

The Manufacturing Overhead account shows debits of $30,000, $24,000, and $28,000 and one credit for $86,000. Based on this information, manufacturing overhead

A.

has been overapplied.

B.

shows a zero balance.

C.

has been underapplied.

D.

has not been applied.

Vektek, Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1,025,000. The company used 1,000 hours of processing on Job No. B12 during the period and incurred overhead costs totaling $1,050,000. The budgeted machine hours for the year totaled 20,000. How much overhead should be applied to Job No. B12?

	A.	$52,500
	B.	$1,025
	C.	$1,050
	D.	$51,250