Question 12 2 pts Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $580,000, and direct labor costs to be $290,000. Actual overhead costs for the year totaled $596,000, and actual direct labor costs totaled $324,000. At year-end, the balance in the Factory Overhead account is a: 0 $52,000 Debit balance. O $324,000 Debit balance. 0 $52,000 Credit balance. O $596,000 Debit balance. O $648,000 Credit balance. Question 13 2 pts A company's beginning Work in Process inventory consisted of 28,500 units that were 20% complete with respect to direct labor. These beginning units were completed and another 103,600 units were started during the current period. Of those started, 68,500 were finished and the remaining 35,100 were 40% complete at the end of the period. Using the weighted average method, the equivalent units of production with regard to direct labor were: 0 68,500. O 85,900. O 114,700. 0111,040. 0 91,300. The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production with respect to conversion for August using the weighted-average inventory method. Beginning Work in Process Units started Units completed Ending Work in Process Units of Product 289,000 505,000 574,300 219,700 Percent of Conversion Added 50% 100% 100% 40% 0794,000 806,680 O 718,800 0 662,180 O 574,300 Question 15 2 pts Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Calculate the equivalent units of production for the year: Beginning Work in Process (50% complete, $1500) Ending inventory of Work in Process (90% complete) Total units started during the year 240units 440units 3600units 3676 units. 3996 units. 4280 units. 3600 units. 3796 units