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what is the overhead cost assigned to Job 1337? a. $55,000 b. $5,320 c. $38,500 d. $15,400 e. $22,000 Silver Millennium Co. applies overhead based on machine hours. They have an applied overhead of $65,000 and actual overhead of $67,500 for the month of June. In June, the total number of direct labor hours was 2,500 and the total number of machine hours was 10,500. Overhead for the year was estimated to be $950,000. How many machine hours were estimated for the year? a. 153,473 b. 226,190 c. 125,545 d. 35,185 e. 150,000 2. A normal job order costing system uses: a. Actual costs for direct materials; estimated costs for direct labor and overhead. b. Estimated costs for direct materials, direct labor, and overhead. c. Actual costs for direct materials and direct labor; estimated costs for overhead. d. Actual costs for direct materials and overhead; estimated costs for direct labor. e. None of these are correct 3. What is the typical cost system used by companies that make unique or special-order products, such as customized publications, built-in cabinets, or made-to-order draperies? a. Process costing b. Adjusted basis costing c. Job order costing d. All of the above e. None of these are correct 4