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 1800?

True or False: direct labor and manufacturing overhead are called prime costs.

Bradbeer Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 17,500 hours. At the end of the year, actual direct labor-hours for the year were 16,000 hours, the actual manufacturing overhead for the year was $233,000, and manufacturing overhead for the year was underapplied by $15,400. The estimated manufacturing overhead at the beginning of the year used in the predetermined overhead rate must have been: 228000 or 217600 or none of the above.