Ester Cocporation manufactures one product it does not maintain any beginning or ending Wotkin Process inventovies. The company uses a standard cost system in which. inventories are recorded at their standard costs. There is no variable manufacturing overhead. The standard cost card for the company's only product is as follows: The standard ford manufacturing cverhead rate was based on budgeted fxod manufocturing overhead of $168.000 and budgeted actity of 24.000 hours. During the year, the company applied fxed overhead to the 22.600 units in woek in process inventory using the predetermined overheod rate muitiplied by the number of difect labor hours allowed. Actual fixed overhead costs for the year wore $149,800. Or this total, $83,800 related to ltems such as insurance, utilites, and indirect labor salaries that were all pald in cash and $66.000 related to depreciation of manufacturing equipment. Assume that all uansactions are recorded on the below worksheet, which is similar to the worksheet shown in your text except that it has been divided into two parts so that it fits on one poge. The beginning balances in each of the accounts have been given. PpgE ine s stands for Property. Plant, and Equipment net of depreciotion. When the fued manufacturing ovethesd cost is recorded, which of the following enties will be made? as based on budgeted fixed manufacturing overhead of $168,000 and budgeted activity of 24,000 hours. ad to the 22,600 units in work in process inventory using the predetermined overhead rate multiplied by the number of costs for the year were $149,800. Of this total, $83,800 related to litems such as insurance, utities, and indirect labor salaries depreciation of manulacturing equipment. pelow worksheet, which is similar to the worksheet shown in your text except that it has been divided into two parts so that it of the accounts have been given. PPgE (net) stands for Property, Plant, and Equipment net of depreciation. ecorded, which of the following entries will be made? When the fixed manufacturing overhead cost is recorded, which of the following entries will be made? Muluple Choice \$18,200 in the FOH Volume Variance column 58,200 in the FOH Budget Variance column (\$18.200) in the FOH Budget Variance column ($18,200) in the FOH Volume Variance column