n The MRY company uses job order costing system and provides you the following data for the current period: Direct materials issued to production: $180,000 Indirect materials issued to production: $16,000 Direct labor cost: $214,000 Manufacturing overhead cost-applied: $226,000 Manufacturing overhead cost - actual: $250,000 There was no beginning and ending work in process and finished goods inventory. The company uses a predetermined overhead rate to apply manufacturing overhead to work in process (WIP) inventory. Based on the above information, what is the cost of goods manufactured of MRY Company? Select one: O a. $620,000 O b. $644,000 O C. $660,000 d. $604,000 Which of the following is a correct journal entry to apply manufacturing overhead cost to jobs? Select one: a. Work in process Dr. & Manufacturing overhead Cr. O b. Manufacturing overhead Dr. & Work in process Cr. C. Work in process Dr. & Finished goods an d. Finished goods Dr. & Manufacturing overhead Cr When the activity level is expected to decline within the relevant range, what effects would be anticipated with respect to each of the following? Fixed costs per unit variable costs per unit cion Select one: a. Increase No change b. Increase Increase O c. No change Increase d. No change No change Previous page Next page