Question 1 - Bakker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $77,250 and 2,500 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $79,000 and actual direct labor-hours were 2,400. The applied manufacturing overhead for the year was closest to:

(A) $74,160

(B) $71,184

(C) $75,840

(D) $79,008

Question 2 - Acitelli Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations.

Estimated manufacturing overhead: $357,000

Estimated machine hours: 8,500

Actual manufacturing overhead: $358,000

Actual machine hours: 8,560

The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The predetermined overhead rate is closest to:

(A) $42.30

(B) $41.82

(C) $42.12

(D) $42.00

Question 3 - Carter Corporation applies manufacturing overhead on the basis of machine-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $135,850. Actual manufacturing overhead for the year amounted to $145,000 and actual machine-hours were 5,660. The company's predetermined overhead rate for the year was $24.70 per machine-hour. The overhead for the year was:

(A) $5,198 overapplied

(B) $3,952 underapplied

(C) $3,952 overapplied

(D) $5,198 underapplied

Question 4 -Tribute Company has the following estimated costs for next year: The company estimates that 16,000 direct labor and 106,000 machine hours will be worked during the year. If overhead is applied on the basis of direct labor hours, the predetermined overhead rate per direct labor hour will be:

(A) 7.00

(B) 13.88

(C) 15.26

(D) 17.12

Question 5 -Dearborn Company's predetermined overhead rate is based on direct labor hours (DLHs). At the beginning of the current year, the company estimated that its manufacturing overhead would total $220,000 during the year. During the year, the company incurred $200,000 in actual manufacturing overhead costs. The Manufacturing Overhead account showed that overhead was underapplied by $8,000 during the year. If the predetermined overhead rate was $40.00 per DLH, how many DLHs were worked during the year?

(A) 5,500 hours

(B) 5,200 hours

(C) 5,000 hours

(D) 4,800 hours

Question 6 -Hutchins Company uses a predetermined overhead rate based on direct labor hours (DLHs) to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated manufacturing overhead would be $200,000 and DLHs would be 20,000. The actual figures for the year were $215,000 for manufacturing overhead and 21,000 DLHs. The cost records for the year will show:

(A) overapplied overhead of $5,000.

(B) underapplied overhead of $5,000.

(C) overapplied overhead of $10,000.

(D) underapplied overhead of $10,000.

Question 7 - Bakker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $77,250 and 2,500 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $79,000 and actual direct labor-hours were 2,400. The predetermined overhead rate for the year was closest to:

(A) $29.66

(B) $32.92

(C) $31.60

(D) $30.90

Question 8 - Bakker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $77,250 and 2,500 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $79,000 and actual direct labor-hours were 2,400. The overhead for the year was:

(A) $3,090 overapplied

(B) $4,840 underapplied

(C) $4,840 overapplied

(D) $3,090 underapplied

Question 9 -Acitelli Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations.

The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The overhead for the year was:

(A) $1,520 underapplied

(B) $2,520 overapplied

(C) $1,520 overapplied

(D) $2,520 underapplied