| Question 11 1 pts A company has an overhead application rate of 125% of direct labor costs. How much overhead would be allocated to a job if it required total labor costing $20,000? $5,000. o $16,000. $25,000. o $125,000. $250,000 D | Question 12 1 pts Alton Company has an overhead application rate of 160% and allocates overhead based on direct materials. During the current period, direct labor is $50.000 and direct materials used are $80,000. Determine the amount of overhead Alton Company should record in the current period. $31,250 $50,000 $80,000. /: $128,000. $208,000 Question 13 The overhead cost applied to a job during a period is recorded with a credit to Factory Overhead and a debit to Jobs Overhead Expense. Cost of Goods Sold Finished Goods Inventory. Indirect Labor Goods in Process Inventory Question 14 1 pts BVD Company uses a job order cost accounting system and last period incurred $80,000 of overhead and $100,000 of direct labor. BVD estimates that its overhead next period will be $75,000. It also expects to incur $100,000 of direct labor. If BVD bases applied overhead on direct labor cost, their overhead application rate for the next period should be: 75%. 80%. 107%. 125%. 133%