Quick Check Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead for the year was $760,000 and estimated direct labor hours were 20,000. What would be recorded as the cost of job WR53? a. $200 b. $350 (. $380 d. $730 astual cost doesn't change much sensit QUiCk CheC Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead for the year was $760,000 and estimated direct labor hours were 19,000. What would be recorded as the cost of job WR53 a. $200 b. $350 C. $750 d. $730 Quick Check If overhead contains fixed costs, what will happen to product costs computed by the accounting system if lower unit sales volume is expected? a. b. c. Product costs will likely increase. Product costs would be unaffected. Product costs will likely decrease. Quick Check What effect will the overapplied overhead have on PearCo's cost of goods sold? a. Cost of goods sold will increase b. Cost of goods sold will be unaffected C. Cost of goods sold will decrease Quick Check What effect will the overapplied overhead have on PearCo's net operating income? a. Net operating income will increase. b. Net operating income will be unaffected c. Net operating income will decrease. Quick Check Tiger, Inc. had actual manufacturing overhead costs of $1,210,000 and a predetermined overhead rate of $4.00 per machine hour. Tiger, Inc. worked 290,000 machine hours during the period. Tiger's manufacturing overhead is a. $50,000 overapplied. b. $50,000 underapplied c. $60,000 overapplied d. $60,000 underapplied