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QUESTION 18 The Work in Process Inventory account of a manufacturing company has a $3400 debit balance. The company applies overhead using direct labor cost.

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QUESTION 18 The Work in Process Inventory account of a manufacturing company has a $3400 debit balance. The company applies overhead using direct labor cost. The cost sheet of the only job still in process shows direct material cost of $1520 and direct labor cost of $840. Therefore, the amount of applied overhead is. $1880 O $2360 $2560 $1040 QUESTION 19 A company uses the weighted average method for inventory costing During a period, Department B finished and transferred 58,000 units to Department C. Also in Department B during the period, 14,000 units were started but brought only to a stage of being 60% completed. The number of equivalent units produced by Department B during the period was 58,000 units. 63,600 units. 72,000 units. 49.600 units. 66,400 units. QUESTION 20 A company has an overhead application rate of 123% of direct labor costs. How much overhead would be allocated to a job if it required direct labor costing $25,000? O $30,750. O $307.500 $25,000. $20.325 $15,375

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