Item17 Gullett Corporation had $41,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additional $90,000 of raw materials. The journal entry to record the purchase of raw materials would include a: Multiple Choice debit to Raw Materials of $131,000 credit to Raw Materials of $90,000 debit to Raw Materials of $90,000 credit to Raw Materials of $131,000

Item18 Time Remaining 2 hours 52 minutes 12 seconds 02:52:12 Item18 Item 18 Time Remaining 2 hours 52 minutes 12 seconds 02:52:12 During March, Pendergraph Corporation incurred $71,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $73,000. The journal entry to record the incurrence of the actual Manufacturing Overhead costs would include a: Multiple Choice credit to Manufacturing Overhead of $71,000 credit to Work in Process of $73,000 debit to Work in Process of $73,000 debit to Manufacturing Overhead of $71,000

Item19 Time Remaining 2 hours 52 minutes 1 second 02:52:01 Item19 Item 19 Time Remaining 2 hours 52 minutes 1 second 02:52:01 During March, Pendergraph Corporation incurred $64,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $66,000. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a: Multiple Choice credit to Manufacturing Overhead of $66,000 debit to Work in Process of $64,000 credit to Work in Process of $64,000 debit to Manufacturing Overhead of $66,000

Item20 Time Remaining 2 hours 51 minutes 48 seconds 02:51:48 Item20 Item 20 Time Remaining 2 hours 51 minutes 48 seconds 02:51:48 Tyare Corporation had the following inventory balances at the beginning and end of May: May 1 May 30 Raw materials $ 35,000 $ 49,000 Finished Goods $ 84,500 $ 85,000 Work in Process $ 23,000 $ 17,963 During May, $68,000 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $12 per direct labor-hour, and it paid its direct labor workers $15 per hour. A total of 490 hours of direct labor time had been expended on the jobs in the beginning Work in Process inventory account. The ending Work in Process inventory account contained $8,000 of direct materials cost. The Corporation incurred $44,850 of actual manufacturing overhead cost during the month and applied $45,300 in manufacturing overhead cost. The raw materials purchased during May totaled: Multiple Choice $68,000 $85,037 $54,000 $82,000