managerial accounting questions 2,3,4

Caines estimates that 10,000 machine hours will be worked during the year. The ovehead rate per machine hour will be (Hint Choose which of the above costs are Overhead costs, add them together, and divide the total by 10,000 ): a. $14.80 c. $13.80 b. $8.80 d. $14.00 3. At ABC Company, overhead costs incurred in May were $248,000, but $250,000 of overhead was applied to jobs during the month. ABC Company's overhead account balance at the end of the month (before it is closed) would ba a a debit balance of $2,000 b. a crodit balance of 52,000 c. Cannot tell from the information given 4. At Johnson Company, the overhead account was under-applied by $3,000 this month. Which of the following joumal entries would be made to close the account to Cost of Goods Sold? a. Cost of Goods Sold Overhead b. Overhead $3,000 $3,000 $3,000 Cost of Goods Sold $3,000 c. Cannot tell from the information given