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Listed below is selected data for Zodiac Company for the current year: $132,000 28,000 18,000 28.000 18,000 Total manufacturing costs incurred during the year Work-in-process,
Listed below is selected data for Zodiac Company for the current year: $132,000 28,000 18,000 28.000 18,000 Total manufacturing costs incurred during the year Work-in-process, beginning inventory Work-in-process, ending inventory Finished goods, beginning inventory Finished goods, ending inventory What is cost of goods sold for the current year? O a. $142,000. O b. $15,000. O c. $152,000. O d. $133,000. QUESTION 19 The following information has been made available to you. Assume that factory overhead is applied on the basis of direct labor hours. $90.000 $94,000 Estimated factory overhead costs Actual factory overhead costs Estimated direct labor hours Actual direct labor hours 10,000 13,500 The predetermined overhead rate per direct labor hour is O a. $9.00. O b. $9.40. O c. $6.67. O d. $6.96. QUESTION 20 A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it is estimated that total factory overhead costs would be $360,000 and estimated direct labor hours would be 45,000 hours. During the year, actual total factory overhead was $392,200 and actual direct labor hours were 47.000 hours. What is the amount of over-applied or under-applied overhead for the year? O a. $16,200 under-applied. O b. $32,200 under-applied. O c. $32,200 over-applied. O d. $16,200 over-applied
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