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plz show work 10. Which of the following statements is true? A. The entire difference between the actual manufacturing overhead cost for a period and

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10. Which of the following statements is true? A. The entire difference between the actual manufacturing overhead cost for a period and the applied manufacturing overhead cost is typically closed to the Work In Process inventory account. B. A credit balance in the Manufacturing Overhead account at the end of the year means that manufacturing overhead was overapplied. C. When direct materials are purchased, they are first recorded on the appropriate job cost sheets and posted as an increase to the Work in Process Inventory account. D. In a normal costing system, the schedule of cost of goods manufactured contains actual direct materials, actual direct labor, and actunl manufacturing overhead as well as the beginning and ending balances in the Work in Process Inventory accosnt. E. None of the statements are true. Job P was completed and sold by the end of November. Job Q was completed but was not sold by the cod of Nowember. The company uses a plant-wide predetermined overhead rate based on direct labor-hours (DLHS) and applies MOH conts baed on the actual DLH? The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of November): The ending inventory balance of Work-in-process: The ending inventory balance Finished Goods Inventory: $0 $24,380 14 What was the estimated total FIXED MOH? A. S 12,987 B. S17,316 C. $12,870 D. $11,895 E. None of the above 8 The Orwell Corporation sells a component for an industrial machine. Orwell found that the current net operating income is equal to 15% of current sales. What is Orwell's current Margin of Safety (in dollars)? A $36,000 B. $48,000 C. $24,000 D. $0. E. None of the above 15 Steinbeck Company provided the following data for the year ended September 30 . Figures are all in $1,000. Steinbock eloses any under-or over-applied overhead costs to cost of goods sold at the end of the year

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