Guards at the office building are classified as an administrative cost True False Question 11 4 pts If Jackson had 15,000 units in ending inventory that were 12% complete for material the number of equivalent units of production in ending inventory would be none of the above 1000 1800 Question 12 4 pts Cacioppo Corporation bases its predetermined overhead rate on the estimated labor- hours for the upcoming year. At the beginning of the most recently completed year the company estimated the labor-hours for the upcoming year at 66,000 labor-hours. The estimated variable manufacturing overhead was $7.45 per labor-hour and the estimated total fixed manufacturing overhead was $1.760,220. The actual labor-hours for the year turned out to be 63.800 labor-hours and actual overhead was 2.196,500 What is the over/under applied overhead? none are correct 19644 under applied