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Please do questions 5,6 and 7 please. Much thanks QUESTION 5 When selecting a manufacturing overhead allocation base, managers should select the: O a. Same
Please do questions 5,6 and 7 please. Much thanks
QUESTION 5 When selecting a manufacturing overhead allocation base, managers should select the: O a. Same number used in prior years O . Activity based products O Number of products produced O d. Cost driver those manufacturing overhead costs QUESTION 6 Crestline, Inc. is a manufacturing firm that allocates overhead on the basis of direct labor hours (DLH) at a rate of $16 per DLH. The job cost record for Job 23 for 20 units shows the following: Direct Materials $200 Direct Labor 15 hours at $26 per hour The job has been finished but not sold. The completed job cost record would show the cost per unit of inventory of: O a. 539.50 O. 510.00 O $41.50 O d. 529.50 QUESTION 7 Tres Mariposas & Company uses a predetermined overhead rate based on direct labor hours to allocate MOH to jobs. At the beginning of the year, the company estimated MOH would be $200,000 and total DLH's would be 20,000. The actual amounts for the year were $215,000 for MOH and 21,000 DLH's. The cost records for the year will Show a. Overapplied MOH of $10,000 O . Underapplied MOH of $10,000 Oc Over applied MOH of $5,000 O d. Underapplied MOH of $5,000Step by Step Solution
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