no need to explain

2 pt Question 26 Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $300,000, and direct labor costs to be $150,000. Actual overhead costs for the year totaled $330,000, and actual direct labor costs totaled $170,000. At year-end, Factory Overhead account is: Overapplied by $20,000 Neither overapplied nor underapplied. Overapplied by $170,000. Overapplied by $10,000. oc Underapplied by $10,000. 2 pts Question 27 Andrew Industries purchased $165,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $22,000, and the materials used to complete jobs during the month were $141,000 direct materials and $13,000 indirect materials. How should Andrews record the purchase of raw materials for March? Debit Accounts Payable $165,000; credit Raw Materials Inventory $165,000 Debit Accounts Payable $187.000; credit Raw Materials Inventory $187.000 Debit Raw Materials Inventory $187,000; credit Cash $187,000 Debit Work in Process Inventory $165.000; credit Raw Materials Inventory $165,000 Debit Raw Materials Inventory $165,000; credit Accounts Payable $165,000 2 pts - Question 28 Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198.000 of raw materials on credit: issued materials to production of $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The journal entry to record the issuance of materials to production is: Debit Work in Process Inventory $195,000; credit Raw Materials Inventory $195,000 Debit Raw Materials inventory $195,000 credit Work In Process Inventory $195,000 Debit Finished Goods Inventory $195,000; credit Raw Materials Inventory $195,000. Debit Raw Materials Inventory $195,000; credit Accounts Payable $195,000. Debit Work in Process Inventory $165,000; debit Factory Overhead $30,000; credit Raw Materials Inventory $195,000. 2 pts Question 29 Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198.000 of raw materials on credit: issued materials to production of $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The journal entry to record the payment of the factory payroll is: Debit Factory Wages Payable $150,000; credit Cash $150,000 Debit Work in Process Inventory $150,000; credit Cash $150,000. Debit Work in Process Inventory $110,000; credit Cash $150,000 Debit Work in Process Inventory $150,000, credit Factory Wages Payable $150,000, Debit Factory Overhead $40,000; credit Factory Wages Payable $40,000 2 pts Question 30 Minstrel Manufacturing uses a job order costing system. During one month Minstrel purchased $198,000 of raw materials on credit: issued materials to production of $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The journal entry to record the application of factory overhead to production is: Debit Work in Process inventory $165,000; credit Factory Overhead $165.000 Debit Work in Process Inventory $225.000; credit Factory Overhead $225,000 Debit Factory Overhead $165,000; credit Work in Process Inventory $165,000 Debit Work in Process Inventory $165.000; credit Factory Payroll $165,000 Debit Factory Payroll $150,000; credit Work in Process Inventory $150,000