following data at has two manufacturing departments-Machining and Finishing. The company used the Machining Finishing Total 10,000 Estimated total machine-hours (MTHs) Estimated total fixed manufacturing overhead cost $30,00os 11,200 S 41.200 4,000 6,000 variable manufacturing overhead cost per MH $2.00 ning inventories. Data concerning those two jobs follow: $2.40 e most recent month, the company started and completed two jobs-Job E and Job L. There were no Job L $9.100 $7,000 1,900 Job E Direct materials Direct labor cost 13,400 24,500 4,100 1,600 S Machning maecinc hours Finishing machine-hours Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job E is closest to: 6) A) $24,500 B) S13,400 C)$35,796 D) $73,696 7 Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Molding Department, plastic is injected into a lizard-shaped mold. The dolls that come out of the molds are then transferred to the Assembly Department where hair is applied. Kota uses a weighted-average process cost system to collect costs in both departments On January 1, the Molding Department had 4,000 dolls in process. These dolls were 100% complete with respect to direct materials and 70 % complete with respect to conversion cost. During January, Molding completed 79,000 dolls. On January 31, Molding had 7,000 dolls in work in process. These dolls were 100% complete with respect to direct materials and 25% complete with respect to conversion cost. What account would Kota debit to record the transfer of dolls out of the Molding Department? 7) A) Finished Goods B) Work in Process --Molding C) Manufacturing Overhead D) Work in Process - Assembly