MC Qu. 150 Dazzle, Inc. produces beads... Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is. Direct materials used Direct labor used Predetermined overhead rate (based on direct labor) Goods transferred to finished goods Cost of goods sold Credit sales S 87,000 160,000 1 55 432,000 444,000 810,000 Multiple Choce Debit Factory Overhead $248,000 credirt Cosh $248,000. Debit Work in Process Inventory $160,000; credit Cosh $160,000. Debit Work in Process Inventory $160,000, credit Factory Payroll $160,0o0. Debit Work in Process Inventory $160,000, credit Factory Overhead $160,000. Debit Work in Process Inventory $248.000; credit Factory Overhead $248,000. TF Qu. 1 Cost accounting systems accumulate.. Cost accounting systems accumulate manufacturing costs and then assign them to products and services True or False True False MC Qu. 135 A company has two products... A company has two products: A1and B2. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: Budgeted Activity activity cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost Product A1 Product B2 $48,000 $63,000 $80,000 1, 200 2,240 7,200 4,800 4,760 800 n and sales level of Product B2 is 22,310 units. What is the approximate overhead cost per unit of Product A1 under activity- Annual production and sales level of Product A1 is 8,480 units, and the annual based costing? Multiple Choice $4.00 $8.00 $10.00 $9.00 $1200