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Selected accounts with amounts omitted are as follows Work in Process Aug. 1 Balance 275,540 Aug. 31 Goods finished 143,560 31 Direct materials 31 Direct

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Selected accounts with amounts omitted are as follows Work in Process Aug. 1 Balance 275,540 Aug. 31 Goods finished 143,560 31 Direct materials 31 Direct labor 31 Factory overhead 33,300 Factory Overhead Aug. 1-31 Costs incurred 110,150 Aug. 1 Balance 31 Applied 13,550 (30% of direct labor cost) If the balance of Work in Process on Auckst 31 is $205,010, what,was the amount debited to Work in Process for direct materials in August? a. $103,830 b. $29,740 c. $370,290 d. $513,850 The Thomlin Company forecasts that total overhead for the current year will be $11,895,000 with 166,000 total machine hours. Year to date, the actual overhead is $7,718,000 and the actual machine hours are 84,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. a. $92 per machine hour b. $142 per machine hour c. $46 per machine hour d. $72 per machine hour Compute conversion costs given the following data: Direct Materials, $369,400; Direct Labor, $203,400; Factory Overhead, $216,100 and Selling Expenses, $43,900 a. $419,500 b. $585,500 C. $172,200 d. $788,900

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