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Which of the following joumal entries would be used to record application of manuficturing overhead to work in process in a process costing system with two processing departments, department A and department B ? option A above option B above option C above option D above Joos Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places. The cost per equivalent unit for conversion costs for the first department for the month is closest to: $31.81 $34.73 $34.48 $36.47 The net operating income for March was: Job 593 was recently completed. The following data have been recorded on its job cost sheet: The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 593 would be: $6,705 $3,219 $5,249 $4,255 Kerensky Corporation, a wholesale company, has provided the following data: The contribution margin ratio is closest to: 57% 58% 42% 62%