George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow Estimated manufacturing overhead cost $235.300 Actual manufacturing overhead cost $244.700 Estimated machine hours Actual machine hours 22 300 The estimates were made as of the beginning of the year, w e the actual results were for the entire year The amount of manufacturing overhead alocated for the year based on machine hours would have been 20.600 O A $244.700 OB. 5260,376 O C. $221,089 OD. $235,300 were selected from the general ledger of Fresh Bagel Manufacturing Company The following account balances at the beginning of Januar Work in process inventory Raw materials inventory Finished goods inventory $40.900 Additional data: 1. Actual manufacturing overhead for January amounted to 566,500 2. Total direct labor cost for January was 56,500 3. The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $240,000 of direct labor cost and $336,000 of manufacturing overhead costs 4. The only job unfinished on January 31 was Job No. 151, for which total direct labor charges were $5,400 (900 direct labor hours) and total direct material charges were $15,000 5. Cost of direct materials placed in production during January totaled $123,600 There were no indirect material requisitions during January 6. January 31 balance in raw materials inventory was $35.200. 7. Finished goods inventory balance on January 31 was 535.100 O A. $275,520 O B. $247,560 OC. 5232, 114 OD. $204,154 Management can use job cost information to help to determine how it will deal with pricing pressure from competitors. O True False Showboat Corporation had actual manufacturing overhead costs for the most recent year of 20000 Mandag was the end of the year. Cabaret Corporation found it had overalocated mandating every 2010 How muchacung v preferred manufacturing cated in the year rate of 40 p o red borrowed OA 1.660 OIL 120.600 OC. $27550 OD 52.050 Maple Company uses a job costing system. Maple Company's schedule of cost of goods manufactured showed the following amounts for the month ended August 31. Cost of direct materials used Cost of goods manufactured Cost of direct labor ($21 per hour) Work in process inventory, August 1 Manufacturing overhead cost is allocated at the rate of $19 per direct labor hour What is the amount of allocated manufacturing overhead costs for August? 42,200 124,400 73,500 15,000 O A. $124,400 O B. $73,500 OC. $66,500 O D. $42,200 George's Chemicals allocaties overhead based on machine hours, Selected data for the most recent year follow $235,300 Estimated manufacturing overhead cost Actual manufacturing overhead cost Estimated machine hours Actual machine hours The estimates were made as of the beginning of the year, while the actual results were for the entire year The amount of manufacturing overhead allocated for the year based on machine hours would have been 20,600 22.800 R ound intermediary calculations to the nearest cent and final answer to the nearest dolar.) O A $244.700 O B. $260,376 OC. $221,089 OD. 5235,300 The following account balances at the beginning of January were selected from the general ledger of Fresh Bagol Manufacturing Company Work in process inventory Raw materials inventory $28,100 Finished goods inventory $40,000 Aditional data 1. Actual manufacturing overhead for January amounted to $66,500 2. Total direct labor cost for January was $63,300 3. The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $240,000 of direct labor cost and $336,000 of manufacturing overhead costs 4. The only job unfinished on January 31 was Job No. 151, for which total direct labor charges were $5.400 (900 direct labor hours) and total direct material charges were $15,000 5. Cost of direct materials placed in production during January totaled $123,600 There were no indirect material requisitions during January 6. January 31 balance in raw materials inventory was $35,200 7. Finished goods inventory balance on January 31 was $35,100 O A. $275,520 O B. $247,560 O C. $232,114 O D. $204,154 Management can use job cost information to help to determine how it will deal with pricing pressure from competitors. O 0 True False Showboat Corporation had actual mancung overhead costs for the most recent year20.000. Manuten overhead e d using a prod the end of the year. Cabaret Corporation found advocated manufacturing overed by 2050 How much neugoverhead was allocated o u n cing overhead the year? of 14 per red or hout Deedbor 27 per hour. Al OA 531,650 OB. 120.000 OC. $27.550 OD 2.050 Maple Company uses a job costing system. Maple Company's schedule of cost of goods manufactured showed the following amounts for the month ended August 31 Cost of direct materials used $42,200 Cost of goods manufactured 124,400 Cost of direct labor (S21 per hour) 73,500 Work in process inventory, August 1 15,000 Manufacturing overhead cost is allocated at the rate of $19 per direct labor hour. What is the amount of allocated manufacturing overhead costs for August? O A. $124.400 O B. $73,500 O C. $66,500 OD. $42,200 George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow Estimated manufacturing overhead cost $235.300 Actual manufacturing overhead cost $244.700 Estimated machine hours Actual machine hours 22 300 The estimates were made as of the beginning of the year, w e the actual results were for the entire year The amount of manufacturing overhead alocated for the year based on machine hours would have been 20.600 O A $244.700 OB. 5260,376 O C. $221,089 OD. $235,300 were selected from the general ledger of Fresh Bagel Manufacturing Company The following account balances at the beginning of Januar Work in process inventory Raw materials inventory Finished goods inventory $40.900 Additional data: 1. Actual manufacturing overhead for January amounted to 566,500 2. Total direct labor cost for January was 56,500 3. The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $240,000 of direct labor cost and $336,000 of manufacturing overhead costs 4. The only job unfinished on January 31 was Job No. 151, for which total direct labor charges were $5,400 (900 direct labor hours) and total direct material charges were $15,000 5. Cost of direct materials placed in production during January totaled $123,600 There were no indirect material requisitions during January 6. January 31 balance in raw materials inventory was $35.200. 7. Finished goods inventory balance on January 31 was 535.100 O A. $275,520 O B. $247,560 OC. 5232, 114 OD. $204,154 Management can use job cost information to help to determine how it will deal with pricing pressure from competitors. O True False Showboat Corporation had actual manufacturing overhead costs for the most recent year of 20000 Mandag was the end of the year. Cabaret Corporation found it had overalocated mandating every 2010 How muchacung v preferred manufacturing cated in the year rate of 40 p o red borrowed OA 1.660 OIL 120.600 OC. $27550 OD 52.050 Maple Company uses a job costing system. Maple Company's schedule of cost of goods manufactured showed the following amounts for the month ended August 31. Cost of direct materials used Cost of goods manufactured Cost of direct labor ($21 per hour) Work in process inventory, August 1 Manufacturing overhead cost is allocated at the rate of $19 per direct labor hour What is the amount of allocated manufacturing overhead costs for August? 42,200 124,400 73,500 15,000 O A. $124,400 O B. $73,500 OC. $66,500 O D. $42,200 George's Chemicals allocaties overhead based on machine hours, Selected data for the most recent year follow $235,300 Estimated manufacturing overhead cost Actual manufacturing overhead cost Estimated machine hours Actual machine hours The estimates were made as of the beginning of the year, while the actual results were for the entire year The amount of manufacturing overhead allocated for the year based on machine hours would have been 20,600 22.800 R ound intermediary calculations to the nearest cent and final answer to the nearest dolar.) O A $244.700 O B. $260,376 OC. $221,089 OD. 5235,300 The following account balances at the beginning of January were selected from the general ledger of Fresh Bagol Manufacturing Company Work in process inventory Raw materials inventory $28,100 Finished goods inventory $40,000 Aditional data 1. Actual manufacturing overhead for January amounted to $66,500 2. Total direct labor cost for January was $63,300 3. The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $240,000 of direct labor cost and $336,000 of manufacturing overhead costs 4. The only job unfinished on January 31 was Job No. 151, for which total direct labor charges were $5.400 (900 direct labor hours) and total direct material charges were $15,000 5. Cost of direct materials placed in production during January totaled $123,600 There were no indirect material requisitions during January 6. January 31 balance in raw materials inventory was $35,200 7. Finished goods inventory balance on January 31 was $35,100 O A. $275,520 O B. $247,560 O C. $232,114 O D. $204,154 Management can use job cost information to help to determine how it will deal with pricing pressure from competitors. O 0 True False Showboat Corporation had actual mancung overhead costs for the most recent year20.000. Manuten overhead e d using a prod the end of the year. Cabaret Corporation found advocated manufacturing overed by 2050 How much neugoverhead was allocated o u n cing overhead the year? of 14 per red or hout Deedbor 27 per hour. Al OA 531,650 OB. 120.000 OC. $27.550 OD 2.050 Maple Company uses a job costing system. Maple Company's schedule of cost of goods manufactured showed the following amounts for the month ended August 31 Cost of direct materials used $42,200 Cost of goods manufactured 124,400 Cost of direct labor (S21 per hour) 73,500 Work in process inventory, August 1 15,000 Manufacturing overhead cost is allocated at the rate of $19 per direct labor hour. What is the amount of allocated manufacturing overhead costs for August? O A. $124.400 O B. $73,500 O C. $66,500 OD. $42,200