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For 2018, Franklin Manufacturing uses machine-hours as the only overhead cost-allocation base. The estimated manufacturing overhead costs are $360,000 and estimated machine hours are 50,000.

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For 2018, Franklin Manufacturing uses machine-hours as the only overhead cost-allocation base. The estimated manufacturing overhead costs are $360,000 and estimated machine hours are 50,000. The actual manufacturing costs are 5480,000 and actual machine hours are 60,000 Using job costing the 2018 budgeted manufacturing overhead rate Round the final answer to the nearest cent.) 30 & fic O A $9.60 per machine - hour OB. $6.00 per machine - hour Xc. $8.00 per machine -hour * . $7.20 per machine -hour Extracts from cost information of Hebar Corp.: & Simple L3 Pack Complex L7 Pack Total Setup cost allocated using direct labor-hours $20,100 $6,900 $27,000 Setup cost allocated - hours $14,100 $12.900 $27,000 Assuming that setup-hours is considered a more effective cost drive for allocating setup costs than direct labor-hours. Which of the following statements is true of Hebar's setup costs under traditional costing? 8 5 65 8 . 8 8 & 8 8 & 8 8 Weighty Steel processes a single type of steel. For the current period the following information is given: Units Material Costs Conversion Costs Beginning Inventory 3,900 $5,300 $5,500 Started During the Current Period 20,800 32,500 78,500 Ending Inventory 3,200 All materials are added at the beginning of the production process. The beginning inventory was 45% complete as to conversion, while the ending inventory was 30% completed for conversion purposes. Weighty uses the weighted - average costing method. What is the total cost assigned to the units completed and transferred this period? (Round intermediary dollar amounts to the nearest cent and total costs to the nearest whole dollar.) O A $111,300 X . $121,800 C. $113,305 OD. $103,530

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