Overhead was estimated to be $261.300 for the year along wth 20:00 direct labor hours. Actual overhead was $225,200, and actual direct labor nours were 19,600. The amount debted to the manufacturing overhead account would be Multiple Choice 5.254.100 24.200 5725.200 Sat300 Manufacturing overhead was estimmed to be $274,300 for the year along with 21,100 direct labor hours. Actual manufacturing overhead was $269,025 and actual labor hours were 22,300. The predetermined overhead rate per direct labor hout would be Murple Choice 1925 O $13.00 116.24 Manufacturing overhead was estimated to be $281400 for the year along with 20100 direct labor hours. Actual manufacturing overhead was $219,600 and actual tabor hours were 21000. The amount credited to the Manufacturing Overhead account would be Mile Choice $294.000 o 5231900 $21,600 $281400 Jackson Company had the fotowing Information for the year. Direct materials used $296,500 Direct labor incurred (9,600 hours) $252,400 Actual manufacturing overhead incurred $350.800 Jackson Company used a predetermined overhead rate using estimated overhead of $399,500 and 8.500 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $19.00. How much overhead was applied during the year? Multiple Choice 5252.400 $399 500 $350.800 $451200 Monutacturing overhead was estimated to be $606,000 for the year along with 20.200 direct labor hours. Actunt manufacturing overhead was $586,810, and actual labor hours were 21800. The predetermined manufacturing overhead tate per direct labor hour would be Multiple Choice o 500 $2005 $29.75 $3000 Which of the following would be used to record the labor cost that is not traceable to a specific job? Multiple Choice Raw Materials Inventory would be debited. Manufacturing Overhead would be debited. Manufacturing Overhead would be credited. Work in Process Inventory would be debited. Jackson Company had the following information for the year Direct materials used $300,200 Direct labor incurred (9,500 hours) $247,380 Actual manufacturing overhead incurred $347,600 Jackson Company used a predetermined overhead rate using estimated overhead of $348,300 and 8,100 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $19,400. How much overhead was applied during the year? Multiple Choice $348,300 $247.300 5347,600 $400,500 Culvet, Inc. produces two different products Product V3 and Product G8) using two different activities Machining, which uses machine hours as an activity driver, and inspection which uses number of batches as an activity driver. The activity drivers are used as follows: Product V3 Product G8 Total Machine hours 1,000 3,000 4,000 Number of batches 45 15 The activity iste for inspection is $500 per batch. What is the total cost of inspection? 60 Murple Choice 575.000 522.500 $7500 $30.000 Jefferson, Inc. produces two different products (Product 5 and Product Z) using two different activities: Machining, which uses machine hours as an activity driver, and inspection which uses number of batches as an activity driver. The cost of Machining is $147,000, while the cost of Inspection is $38.280. The activity drivers are used as follows: Product 5 Product 2 Total Machine hours 1,470 3,430 4,900 Number of batches 35 15 50 What proportion of Inspection activity is used by Product Z? Multiple Choice 20% 30% O 62% a 384 Calverton, Inc. produces two different products (Standard and Luxury using two different activities: Machining, which uses machine hours as an activity driver, and inspection, which nes number of batches as an activity driver. The cost of Machining is $840,000, while the cost of Inspection is $50.400. Standard is assigned $537600 in Machining cost and $37.900 in Inspection cost. What proportion of Machining activity is used by Standard? Multiple Choice o 545 O o O Jackson, Inc. produces two different products Product 5 and Product ) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $324,000, while the cost of Inspection is $45.000. Product 5 uses 27% of total machine hours and 40% of total batches. What is the total Inspection cost assigned to Product Z? Multiple Choice $236.520 518.000 O O $87480 o $27.000 Washington, Inc. produces two different products (Product Cand Product 2) using two different activities: Machining, which uses machine hours as an activity driver, and inspection which uses number of batches as an activity deliver. The cost of Machining is $869400, while the cost of inspection is $42,120. The activity drivers are used as follows: Product C Product 2 Total Machine hours 1,500 3,900 5,400 Number of batches 47 25 72 What is the activity rate for inspection? Mutiple Choice S1685 per batch 396 per batch 5505 per batch Hadley, Inc. manufactures a product that uses $15 in direct materials and $10 in direct labor per unit. Under the traditional costing system Hadley uses, manufacturing overhead applied to each unit is $20. However, Hadley is considering switching to an ABC system. Under the ABC system, the total activity cost would be $30. What is the total manufacturing cost per unit for Hadley under the ABC system? Multiple Choice o $30 O $45 O $25 O $55 Help Save & Exit Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and inspection, which uses number of batches as an activity driver. The activity rate for Machining is $130 per machine hour, and the activity rate for inspection is $580 per batch. The activity drivers are used as follows Product A Product X Total Machine hours 1,500 3,900 5,400 Number of batches 42 25 72 What is the amount of inspection cost assigned to Product A? M Chee 54060 32260 395.000 o SOO Cuver Inc. produces two different products Product V3 and Product G8) using two different activities: Machining, which uses machine hours as an activity driver, and inspection, which uses number of batches as an activity driver. The activity drivers are used as follows: Product V3 Product G8 Total Machine hours 1,900 3,200 5,100 Number of batches 54 21 75 The activity rate for Machining is $212 per machine hour. What is the total cost of Machining Multiple Choice 5402,000 $352,000 $570,400 SLOBL200 Cottonwood, Inc. produces two different products (Standard and Luxury) using two different activities: Machining, which uses machine hours as an activity driver and Inspection, which uses number of batches as an activity driver. The cost of Machining is $264,000, while the cost of Inspection is $41500. Standard uses 29% of total machine hours and 40% of total batches. What is the total activity cost assigned to Luxury? Multiple Choice $212.340 O $24.900 $167440