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Exam 1 ACC 202 Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Answer the following questions using

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Exam 1 ACC 202 Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Answer the following questions using the information below: manufacturing overhead costs to the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Winfield High School band jacket job. Od-Coshin Direct materials Direct labor Manufacturing overhead costs $40,000 $10,000 $30,000 100,000 mh $1,000 $200 Machine-hours 900 mh 1) For Gibson Manufacturing what is the anual manufacturing overhead cost-allocation ratei A) $0.50 B) $0.80 C) $33.33 D) $0.30 2) What amount of manufacturing overhead costs will be allocated to this job? 2) A) $270 B) $30,000 C) $720 D) $450 3) 3) What are the total manufacturing costs of this job? A) $1,200 B) $1,920 C) $1,470 D) $1,650 nswer the following questions using the information below: unny Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted direct-cest rate of $15 per direct labor-hour. The following data are obtained from the accounting records for Jun

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